Germans Hoarding Billions of Euros out of the Country into “Tax Havens”
[14-September-21 9:16:56]German citizens hoarded almost 11.9 billion euros in 2019 on the Island Guernsey in Britain, also known as the “tax haven”. Most of the offshore...
2021
The Rise of the Eurozone Inflation – does it reflect the enhanced instability of the economic systems?
[6-September-21 13:22:52]According to the survey of Eurostat, the statistical office of the European Union, the annual inflation rate in the countries that use the euro currency...
EU to Suspend Some of the Funding to Czech Republic Following the Prime Minister Scandal
[31-August-21 15:24:39]The EU is threatening to suspend funding to the Czech Republic. This follows a letter sent last Thursday by the Commission to three Czech government ministries...
Positive Tendency in Croatian Travel and Tourism Sector
[23-August-21 15:26:38]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...
Pfizer and Moderna Vaccine prices to Increase for the EU Countries
[10-August-21 7:44:19]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...
Gasprom Stimulated Gas Price Increase in Europe
[29-July-21 13:05:10]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...
COVID Pandemic and Tax Exemptions in the EU Countries
[23-July-21 17:55:33]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...
The EU Climate Plan to Hurt Europe’s Heavy Industry
[15-July-21 16:45:11]The European Commission has presented the EU Green Deal environmental plan, which aims to reduce emissions by 55%. First, a cross-border carbon duty (Carbon Border...
EU Extends Economic Sanctions on Russia
[14-July-21 6:47:23]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...
The Prospective Global Tax System Reforms and Several Countries Opposed
[8-July-21 12:14:56]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...
Demand for Russian Gas Grows in Europe
[6-July-21 4:57:41]Europe has spent many years reducing its dependence on Russian gas. However, with the expected cold next winter, it will need more fuel than usual....
Does Budapest Face Depopulation? Main Reasons and Outcomes
[28-June-21 11:17:03]The population of Budapest, the capital city of Hungary, has been declining for five years. The number has significantly decreased by almost 13 000 and...
