The Cabinet of Ministers has approved a motion for ratification by the Verkhovna Rada of amendments to the Association Agreement between Ukraine and the European Union on increasing the quota for Ukrainian poultry meat exporters, according to the government portal. The document provides for a gradual 2.5-fold increase in the annual quota for poultry meat…
The Hungarian low-cost airline Wizz Air has announced it will launch a new route from Odesa International Airport to Bratislava, Slovakia’s capital. “Wizz Air airline will launch direct flights from Odesa to Bratislava on November 3. The frequency will be two flights a week, on Wednesdays and Sundays,” according to the airport’s administration. The price…
The period of exemption from tax regarding the production volume obtained from the sale of agricultural products in Azerbaijan will be extended for five years. This is reflected in the draft law “On Amending Tax Code” and concerns the volume of production obtained from the sale of agricultural products manufactured by the agricultural producers themselves…
Tallinn has reached a critical point with the amount of summer tourists and the introduction of a tourist tax should be seriously considered to support the Old Town’s infrastructure, Deputy Mayor Aivar Riisalu announced on October 23. Riisalu said about 650,000 cruise tourists visited Tallinn this summer, up by 30,000 YoY. This year there were…
The Seimas of Lithuania has rejected a proposed new tax on polluting cars with a majority of several votes and returned the bill to the Ministry of Environment for improvement. Thirty lawmakers voted in favor of accepting the bill for consideration, 36 were against and 34 abstained. The parliament then voted to return the bill…
In January-September the traffic volumes of grains and by-products by rail in Ukraine increased by 23.8% YoY and totaled 28.4 million tons, reported the State Statistics Service. As for the transportation volumes of chemical and mineral fertilizers, in the reporting period the figures increased by 27.8%, to 3.4 million tons. In nine months the Ukrainian…
Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub says the country’s public debt at the end of 2019 will be below 55% of GDP due to the strengthening of Ukraine’s national currency, the hryvnia, while earlier this ratio exceeded 80%. Sologub added a strong hryvnia partially reduced budget revenue, according to the…