Ukraine: State Tax Service to ensure effective cooperation with Bureau of Economic Security

The State Tax Service of Ukraine will ensure effective cooperation with the newly established Bureau of Economic Security so that to reduce the shadow economy and eliminate unfair competition, Head of the State Tax Service Oleksiy Liubchenko has stated. “We constantly hear from business about insecurity from the willfulness of various state law enforcement agencies.…

Georgia: economy down in 2020

The nominal gross domestic product (GDP) amounted to 49.40 billion GEL in 2020, up by 0.3% YoY, while the real growth of GDP reduced by 6.2%, preliminary data from the National Statistics Office of Georgia showed. The largest shares of GDP by activity were held by: wholesale and retail trade; repair of motor vehicles and…