The central bank governor believes that despite the geopolitical and economic uncertainty, Lithuania’s government should not delay tax reform. According to Gediminas Simkus, the country’s tax system is still an “animal farm” – meaning, messy and conferring unjustified advantages to some – and it is in the state’s interest to put it in order. “In…
A legislative initiative, which provides for the cancellation of the duty-free regime in Moldova, was approved by the Cabinet on October 26. The document sees amendments to the Customs Code and Fiscal Code, in order to promote the principle of fiscal equity through the imposing of taxes on goods sold in Moldova, including at the…
In 2022, the trade turnover between Georgia and Hungary has doubled, which emphasises the “intensified” relations between the two countries in economy, Georgian economy minister Levan Davitashvili has said. Davitashvili said that after the “long term” negotiations, an agreement on the protection of investments was signed between Georgia and Hungary, which would be officially approved…
The new British Prime Minister Rishi Sunak has little experience in international relations. However, his country is an important ally of Ukraine and the Baltic States. Could the region expect continuous British support? In the race for the premiership, Lizz Truss, who stayed in the top post for 45 days, emphasised the importance of the…
russia’s illegal invasion of Ukraine is the main cause of the world crisis. This was emphasized by the Minister of Finance of Ukraine Sergii Marchenko during the discussion “War in Ukraine: Financing the victory”, organized by the Bruegel think tank. The event was attended by representatives of the European Commission, think tanks and economists. During…
On October 25, Minister of Finance of Ukraine Sergii Marchenko took part in the International Expert Conference on the Recovery, Reconstruction and Modernisation of Ukraine as part of the Ukrainian delegation headed by the Prime Minister of Ukraine Denys Shmyhal. The conference was hosted by the European Commission and the G7 presiding country, Germany, in…
The government will offer a total of PLN 800 million (EUR 168 million) to 92 Polish large energy-intensive companies, the development and technology minister has announced. Waldemar Buda said on October 26 that the PLN 800 million was the first tranche of a bigger support scheme for companies that were the most important for the…