Georgia: EIB to allocate EUR 450 million

The European Investment Bank (EIB) will allocate EUR 450 million to Georgia through three loan agreements, the EIB and Georgian Prime Minister’s Office said. EUR 250 million will be allocated to finance new construction and upgrading of priority roads, EUR 100 million for the rehabilitation and upgrading of municipal infrastructure and a EUR 100 million…

Details

Latvia: micro taxes lead to macro problems

The government, entrepreneurs and social partners continue sharp discussions of the future of micro-enterprises and the tax regime to be applied to them in the foreseeable future. One proposal suggests canceling the payment of mandatory minimal social fees and increasing micro-enterprise tax rate from 9% to 15%.This proposal was reviewed week by members of the…

Details


Belarus: Belarusbank signs memorandums of understanding with Afreximbank and SID Banka

Belarus’ largest commercial bank OAO Belarusbank has signed memorandums of understanding with African Export-Import Bank and Slovenian SID Banka during Belarusbank’s conference in Frankfurt (Germany), the bank’s press service reported. The conference gathered around 100 representatives of the World Bank, German financial institutes and insurance companies, as well as representatives of such institutions of Italy,…

Details