The electronic and audio books will be exempted from the value added tax (VAT). The parliament approved a draft law to this effect on April 1. Thus, the production of electronic and audio books, as well as the electronic and audio periodical publications, services of editing and the services concerning the copyright and other related…Details
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The Lithuanian government is expected to unveil a plan of measure to cushion the impact of soaring energy, food and other prices for households and businesses. The government’s proposed 1-billion-euro measures include increasing pensions, compensation payments and other social benefits for the lowest earners, as well as raising the non-taxable income threshold. According to sources,…Details
Air Arabia, an Emirati low-cost airline, will resume flights to Georgia on July 16, Tbilisi and Batumi International Airports (TAV Georgia) report. The airline will operate flights on Abu Dhabi – Tbilisi – Abu Dhabi route three times a week. Air Arabia launched its first flight to Tbilisi International Airport in July 2021. (Trend/Business World…Details
The Minister of Energy of Ukraine German Galushchenko has met online with the European Commissioner for Energy Kadri Simson. The parties discussed issues of ensuring the nuclear security of Ukraine and Europe in the context of the visit of the IAEA Director General Rafael Grossi to Ukraine. According to German Galushchenko, direct talks between Ukraine…Details
The Ministry of Agrarian Policy and Food of Ukraine makes efforts to resume agri-food exports to foreign countries. As the ministry’s press service informs, tens of millions of tons of agricultural products intended for export are currently stored in the country. Due to transportation problems, Ukraine is short of $1.5 billion a month, while other…Details
Due to the drop in freight, Latvian Railway (LDz) could fire approximately 600 more employees, the Latvian Minister of Transport Talis Linkaits said on March 31. “The initial estimate suggests 600 more employees could be laid off,” said the minister, adding that LDz had been ordered to prepare the best-case and worst-case scenarios and an…Details
The estimated real Gross Domestic Product (GDP) of Georgia increased by 14.6% YoY in February, while the average real GDP grew by 16.3% in January-February, the latest data from the National Statistics Office of Georgia (Geostat) showed. The largest share of GDP growth was posted in the following sectors: manufacturing, transportation and storage, electricity, gas,…Details