“Google Tax” in 2025 brought over 14.4 billion UAH to the budget. These are funds paid by non-residents who supply electronic services to individuals in the customs territory of Ukraine and are registered as VAT payers. This was reported on her Facebook page by the Acting Head of the State Tax Service, Lesya Karnaukh. In…
Sales of children’s products in Russia for 2025 decreased by 8%, according to data from the “OFD Platform”, reports “Kommersant”. Overall, the turnover of the Russian children’s goods market increased by 15% in 2025 and amounted to more than 2 trillion rubles. In the second half of 2025, the demand for baby food decreased by…
In 2025, nearly 568,000 Russians were declared bankrupt in court, and another 61,300 citizens received this status without a court hearing — through a simplified procedure. This follows the data from “Fedresurs”, which cites RBC. As a result, the total number of financially insolvent Russians since the introduction of the judicial bankruptcy institution in 2015…
The European Union countries today officially decided on a rapid cessation of Russian gas purchases. The giant industry of the Soviet and then Russian economy, oriented towards Europe and established since the 1960s, will cease to exist in a little over a year and a half. A complete ban on LNG imports will come into…
The State Tax Service is consciously working to reduce the number of inspections. This is a change in approach in interaction with business. Because trust and constant dialogue are more effective than pressure. After the introduction of the moratorium, the number of actual inspections decreased by more than a quarter – 27%. This was reported…
Austrian companies operating in Bulgaria continue to view corruption as one of the country’s most significant economic challenges, alongside crime, bureaucracy, underdeveloped infrastructure, and political instability. A recent survey conducted in October and November 2025 shows that 96% of Austrian firms consider the fight against corruption a major unresolved issue. Businesses also highlight the persistent…
The Government has simplified the sale of sanctioned assets that have been seized by the state via open auctions. This was announced by Ukrainian Prime Minister Yulia Svyrydenko. “We are simplifying the sale of russian sanctioned property – these assets should be used for the reconstruction of Ukraine,” said the Prime Minister. From now on,…