A new tax will soon be required for non-EU citizens to enter the Schengen area from 2022. According to Euronews, any passenger other than those living in the Schengen area will have to pay the tax when entering the Schengen area. According to the publication, those who are citizens of EU member states but do…
The European Union will present a strategy next week to allocate € 40 billion to develop the technological infrastructure. Bloomberg agency writes about this based on the relevant document. Brussels intends to oppose China’s economic initiative – “One Belt – One Road”. According to the agency, the EU’s new strategy is called the Global Gateway….
On November 8, gas prices increased again in Europe. The reason was the information spread by traders that there is no sign that Russia will increase exports to Europe. At the end of October, Vladimir Putin instructed Gazprom to pump extra fuel into gas depots in Germany and Austria, which, at first glance, was good…
According to Reuters, Leaders of the world’s 20 largest economies have backed an agreement on a minimum global corporate tax that aims to eliminate tax evasion of big businesses. The Minimum Corporate Tax Transaction is a coordination agreement under which large corporations will face a minimum of 15 % tax from 2023. As a result,…
A financial portfolio is a set of assets that include: stocks, bonds, cash, real estate, and alternative investments. Therefore, what a financial portfolio is and how it is created, what risks may come with it, and how to manage it effectively is very important. Naturally, if you are interested in trading and investing in the…
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…
According to the EU Statistics Office, inflation in the euro area rose by 3.4% in September from 3% in August, the highest level since the 2008 crisis. The European Central Bank sees this as a temporary and pandemic event. Despite this optimism, rising prices in the EU have already become a serious and unpredictable problem….
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….
