In the next few years, the expenses related to green transformation, which make it possible for Poland to meet the climate targets of the European economy, may reach even PLN 100 billion annually. Such a huge challenge is impossible to undertake without the involvement and determination of the entire banking sector, as Jerzy Kwiecinski, Vice…
Due to the war, about 35% of Ukraine’s economy is shut down as of today. This was stated by Ukrainian Prime Minister Denys Shmyhal, who spoke with BBC News Ukraine. “According to various estimates of many experts, we have lost between 30% and 50% of our economy today. The forecast for GDP drop is also…
There are currently no plans to increase taxes in Ukraine, but a VAT refund on imports and import duties is being considered, Minister of Finance Serhiy Marchenko has said. “We do not envisage an increase in taxes, we do not envisage strict conditions for their payment. We seek to restore a properly functioning tax system…
The Lithuanian government has no plans to cut the VAT rate on food, as it would not benefit people, Finance Minister Gintare Skaiste has said amid calls by presidential advisers to introduce a lower VAT rate on food under a different model that would benefit consumers. On May 24, Irena Segaloviciene, the president’s chief adviser…
The Supreme Security Council (CSS) on May 27 decided to set up two parliamentary committees to examine rising inflation and price increases in Moldova. President Maia Sandu made the statement at a briefing after the CSS meeting. “The council has heard several reports on the situation in our country. As a result, we have decided…
Poland’s air traffic management authority and the air traffic controllers’ trade union have concluded a preliminary agreement on changes to the work and remuneration regulations proposed by the latter, both parties have announced. The majority of air traffic controllers in Warsaw were protesting in the first months of the year and threatening to quit their…
Compared to April, the level of construction costs in Latvia increased by 21.6% in April. Prices of building materials rose by 30.3%, maintenance and operational costs of machinery and equipment – by 17% and labour remuneration of workers – increased by 8.7%. In April, compared to March, the level of construction costs rose by 3.1%.…