Lithuanian Prime Minister Ingrida Simonyte has welcomed the finance minister’s proposal to introduce a universal real estate tax from next year. “The proposal could provide for a possibility to introduce a normal European real estate tax in Lithuania. Its rate, its objects and so on and so forth. The law would outline a framework but…
Ukrainian President Volodymyr Zelensky has said he hopes that Azerbaijani businesses will actively participate in the privatization of state property in Ukraine. Zelensky said this at a joint press conference with President of Azerbaijan Ilham Aliyev in Kyiv. “During our meeting, we separately discussed the prospects for Azerbaijani businesses participating in privatization in Ukraine. We…
In 2022, Ukraine plans to sign important trade agreements with several countries. “One of the main activities will be the preparations for signing the “industrial visa-free regime” (Agreement on Conformity Assessment and Acceptance of Industrial Products) with the EU, as well as updating trade annexes to the EU-Ukraine Association Agreement. In addition, we plan to…
The volume of trading on the Republican Stock Exchange (RSE) “Toshkent” amounted to 17.89 billion soms in one day. A total of 606 legal transactions were made for this amount, the exchange platform reported. Exchange trading was carried out with 11.8 million securities of 25 issuers from 7 different sectors of the economy. Top-3 securities…
The Georgian economy is projected to grow by 5.5% in 2022 and by 5% in 2023, the January edition of the World Bank’s report Global Economic Prospects 2022 says. The latest data on real Gross Domestic Product (GDP) showed that the Georgian economy increased by 12% YoY in November 2021 and by 10.7% in January-November…
Last year, international students and graduates in Estonia paid more in labor taxes than ever before – a total of EUR 16 million, data from Statistics Estonia showed. Kadri Rootalu, data scientist at Statistics Estonia and the author of the analysis, said the number of international students in Estonia decreased, but they still accounted for…
Wages in Lithuania are increasing but remain among the lowest in the European Union, according to the Bank of Lithuania. “Even though wages are increasing rapidly, their level is quite low compared to other EU countries,” Kotryna Tamoseviciene, head of the Economics Department of the Bank of Lithuania, told the Seimas Committee on Budget and…