The Slovak gambling industry is booming. Tax receipts are climbing, online betting continues to expand, and some operators are reporting record results. Yet one of the country’s oldest casino brands is disappearing from the market. Olympic Casino Slovakia, once a fixture of city centres from Bratislava to Kosice, has all but shut down after a…
Legislative and practical aspects of the use of subsoil on forestlands, restoration of territories and improvement of the regulatory framework in the field of forestry management became the key topic of the meeting chaired by Deputy Minister of Economy, Environment and Agriculture of Ukraine Taras Vysotsky. In particular, the participants of the meeting considered the…
The Cabinet of Ministers of Ukraine has increased the maximum limit of state support for agricultural producers using reclaimed land and water user organizations. Corresponding amendments have been made to the Procedure for Using State Budget Funds to Provide Such Support. The decision will strengthen the ability of farmers to restore and develop the reclamation…
The European Commission has allocated EUR 34 million to Armenia to reduce the impact of trade restrictions imposed by Russia on the country’s private sector, according to a statement issued by the Commission. The statement noted that just two weeks after a phone conversation between European Commission President Ursula von der Leyen and Prime Minister…
Minister of Finance Andrian Gavrilita states that the tax reform providing for the standardization of the VAT rate and the elimination of certain tax facilities will not significantly affect the majority of the population, and any additional costs will be offset through new support measures. The minister said that the estimates circulated in the public…
The State Tax Service of Ukraine continues its strategic partnership with the UK Revenue and Customs Service (HMRC). An updated Memorandum of Understanding has been signed between the tax services of Ukraine and the UK. The document defines specific measures for the next three years. In particular, it outlines key areas of cooperation and joint…
Armenia is currently experiencing strong economic growth alongside inflation that remains elevated but not excessively high, Deputy Governor of the Central Bank of Armenia Armen Nurbekyan has said during a parliamentary session. Lawmakers are discussing the Central Bank’s annual report on its activities. According to Nurbekyan, the most significant uncertainties for Armenia’s macroeconomic outlook in…