Moldova managed to reduce gas consumption by 57% and electricity by 14.25% YoY in October, the Deputy Prime Minister Andrei Spinu, Minister of Infrastructure and Regional Development, announced. “I am grateful to all our citizens for participating in this national savings effort. Some say that a small saving that a man can make is insignificant.…
Income inequality and the huge value-added tax (VAT) gap are the major problems in Lithuania, Munawer Khwaja, a World Bank tax expert, has said. “Income inequality is one of the highest in Lithuania. Another big problem is the VAT gap, which is the third highest among the EU countries. Only Italy and Greece have a…
The international reserves of Ukraine increased by 5.5%, amounting to $25.24 billion as of November 1, according to preliminary estimates of the National Bank. “As of November 1, Ukraine’s international reserves amounted to $25,244.2 million, according to tentative data. They increased by 5.5% thanks to stable inflows from international partners and a decrease in the…