Latvian Minister of Economy Janis Vitenbergs intends to once again ask coalition partners to approve reduced value added tax (VAT) rate for electricity, natural gas, heating energy and fuel lumber, as confirmed by the minister’s public relations advisor Ineta Vilistere-Lace. She said the proposal, which could be reviewed at a meeting of the coalition council…
Coop’s e-store customers have noted that the retail chain has imposed a minimum order limit on shopping baskets and has increased the price of home deliveries, even while delivery times have gotten longer. Competitors of the domestic retail chain will not follow Coop’s price increases. Coop’s e-store customers were met with a notification that stated…
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…