Recently, World’s first so-called “Digital Village” has been opened in Croatia, where anyone who works from home can come. According to Euronews, the village of Zadar is located on the seafront in central Croatia. Zadar is the oldest settlement in Croatia, dating back to the Roman Empire. During the summer, many tourists come here to…
After negotiations with the European Commission and the Consumer Rights Protection Representative, the sixteen major airlines were obliged to provide timely information and compensation in case of canceled flights. According to Justice Commissioner Didier Reynders, in the early stages of the pandemic, some airlines began offering vouchers to compensate customers for canceled flights. However, as…
According to BBC, Russian natural gas supplies in European countries have dropped significantly in recent weeks. As a result, gas prices have risen, affecting the food and other industries in the European countries. Also, this fact was followed by the rise in the electricity price. The government is trying to help consumers. The crisis has…
Bloomberg Businessweek presents the best business schools in Europe 2020 and Master of Business Administration (MBA) programs. The IMD Business School of Switzerland takes first place with a total score of 100 points. It is noteworthy that the Swiss business school is already leading in the Bloomberg rankings for the second time in a row….
Since Croatia has been placed in the orange category of the European Centre for Disease Prevention and Control (ECDC), concern was raised on the possible decrease in bookings and travel demand. Nevertheless, Staničić said that the country continues to register positive trends as Croatia has been placed on many markets as a well-prepared and safe…
Prices for coronavirus vaccines, Pfizer and Moderna, is expected to rise in the EU. According to media reports, the price of Pfizer dose will increase by 25%, and one of Moderna by 10%. According to the new agreement, manufacturers of the coronavirus vaccine will supply the EU with 2.1 billion doses of the vaccine by…
Gazprom is refusing to increase gas supplies to Europe via Ukraine, which has led to a sharp increase in fuel prices. According to analysts, following the low gas reserves and rising consumption in Asia, stabilizing gas prices are not expected in the near future, and Gazprom’s tough approach to Ukrainian transit will further complicate the…
It’s been a while since governments are trying to mitigate the economic consequences of the ongoing COVID pandemic. European Council announced that it had adopted an amendment to the VAT Directive to introduce a temporary VAT exemption on importations and certain supplies in response to the COVID-19 pandemic. The “buy and donate” directive, which applies…
The European Union (EU) has extended economic sanctions on Russia for six months until January 31, 2022, according to a statement posted on the organization’s website. “The decision of the European Council was followed by an assessment of the state of implementation of the Minsk Agreement at the meeting of the European Council on June…
The statement on a two-pillar solution to address the tax challenges raised by the digitization of the economy was issued on July 1, 2021. The new rules was released by the Organisation for Economic Co-operation and Development (OECD). The Agreement renews important elements of the old international tax system, which is no longer adequate in…
