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German Government Proposes Tax on Sugary Drinks
Businessaktualne-cz1d ago

German Government Proposes Tax on Sugary Drinks

The German government plans to consolidate its state budget by increasing taxes on alcohol and tobacco products and introducing a levy on sugary drinks, according to sources within the Ministry of Finance.

National Budget Deficits Reported in Latvia and Bulgaria
Financelsm-lvdnevnik-bg7d ago2 sources

National Budget Deficits Reported in Latvia and Bulgaria

Recent reports indicate an increase in Latvia's state budget deficit to 2.5% of GDP and debt to 46.9% by 2025. Separately, Bulgaria's National Statistical Institute reported a larger budget deficit than initially stated by its Ministry of Finance.

Poland Extends Lower Excise Tax on Fuels
Financetvn2416d ago

Poland Extends Lower Excise Tax on Fuels

Poland's Ministry of Finance has announced the extension of the lower excise tax on gasoline and diesel until the end of April. The regulation was published in the Journal of Laws on Monday.

Finnish Civil Servant's Elderly Care Comments Controversy
Businesshelsingin-sanomat18d ago

Finnish Civil Servant's Elderly Care Comments Controversy

Juha Majanen, Permanent Secretary of the Ministry of Finance, commented on controversial statements made by his subordinate Mika Niemelä regarding elderly care, stating that people should not be urged to care for the elderly at home.

Czech Ministry of Finance to Set Maximum Fuel Prices
Businessirozhlastvn24aktualne-cz22d ago3 sources

Czech Ministry of Finance to Set Maximum Fuel Prices

The Czech Ministry of Finance will begin announcing maximum daily prices for petrol and diesel, incorporating lower diesel taxation and retailer margins, which is expected to save average drivers 120 crowns monthly.

Wöginger Trial Continues in Austria
Politicsder-standard1mo ago

Wöginger Trial Continues in Austria

The Wöginger trial in Austria is proceeding with the questioning of a former chief of the mayor's office and a judge, alongside a former section head from the Ministry of Finance, regarding alleged political favoritism at an Upper Austrian tax office.

Survey Reveals Rising Scale of Tax Scams in Poland
Businesstvn247d ago

Survey Reveals Rising Scale of Tax Scams in Poland

A study by IMAS International indicates that one in five people in Poland has encountered fake messages impersonating tax authorities, the Ministry of Finance, or the National Tax Administration, highlighting a growing trend of fraud.

Leadership Changes in Portuguese Health Sector
Businessobservador15d ago

Leadership Changes in Portuguese Health Sector

Rocha Gonçalves has resigned from his position in the health sector, citing personal reasons, while Francisco Catalão has been appointed, reportedly guided by Miranda Sarmento. The Ministry of Finance is gaining influence in the health department.

Croatia Considers 'Floating' VAT for Fuel Prices
Politicsindex-hr19d ago

Croatia Considers 'Floating' VAT for Fuel Prices

Croatia's Ministry of Finance has prepared amendments to the VAT law that would allow the government to potentially reduce the tax rate on petroleum products by up to ten percentage points, a measure that would only be implemented if fuel prices continue to escalate.

Czech Republic to See Decrease in Maximum Fuel Prices
Financeirozhlasaktualne-cz21d ago2 sources

Czech Republic to See Decrease in Maximum Fuel Prices

The Czech Ministry of Finance announced a slight decrease in maximum fuel prices for Thursday, with diesel capped at 49.40 CZK per liter and gasoline at 43.05 CZK per liter. This adjustment reflects a minor reduction from Wednesday's prices.

Montenegro's Tax Administration System Remains in Chaos
Politicscdm-me25d ago

Montenegro's Tax Administration System Remains in Chaos

Montenegro's Civic Initiative 21. maj announced that the Tax Administration's information system is still in a chaotic state, despite recent claims by the Ministry of Finance and Tax Administration that the months-long problem had been resolved.

Ghana's Education Ministry to Recruit 9,600 Staff
Businessmyjoyonline27d ago

Ghana's Education Ministry to Recruit 9,600 Staff

Ghana's Minister for Education, Haruna Iddrisu, announced that the ministry has received clearance from the Ministry of Finance to recruit approximately 9,600 personnel into the country’s education sector.

Poland's Public Debt Rises to 59.97% of GDP
Politicsrzeczpospolita29d ago

Poland's Public Debt Rises to 59.97% of GDP

New data from Poland's Ministry of Finance indicates that public debt, calculated according to EU standards, increased by 322.5 billion PLN last year, reaching 59.97% of the country's GDP.

Polish Government Plans Tax Hikes to Combat Optimization
Financerzeczpospolita1mo ago

Polish Government Plans Tax Hikes to Combat Optimization

The Polish government and Ministry of Finance are planning to increase income taxes and taxes for lump-sum taxpayers, citing the need to combat tax optimization practices. These changes would affect various groups, including partners leasing trademarks and entrepreneurs with high incomes.

Romania Secures Final Approval for OECD Accession
Worlddigi241mo ago

Romania Secures Final Approval for OECD Accession

Romania's Ministry of Finance has obtained the third and final formal approval required for the country's accession process to the Organisation for Economic Co-operation and Development (OECD), marking a significant step forward.

FirstBank Partners with MREIF to Offer N100m Mortgage Loans
BusinessPremium Times1mo ago

FirstBank Partners with MREIF to Offer N100m Mortgage Loans

First Bank of Nigeria Limited has partnered with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) to provide access to affordable mortgage windows, allowing individuals to secure property nationwide with up to N100 million in loans.

Moody's Upgrades Montenegro's Outlook to Positive
Financevijesti-me1mo ago

Moody's Upgrades Montenegro's Outlook to Positive

Montenegro's Ministry of Finance announced that Moody's has upgraded the country's economic outlook to positive, citing stable economic growth projected at 3-3.5% annually until 2028 and favorable public debt servicing capacity.

Poland's Ministry of Finance to Abolish KSeF Penalty
Financerzeczpospolita12d ago

Poland's Ministry of Finance to Abolish KSeF Penalty

The Polish Ministry of Finance has acknowledged an unnecessary penalty within the KSeF (National e-Invoicing System) regulations, stating it will be removed as businesses can issue regular invoices during a system failure.

Romania Approves Spa Treatment Tickets for 2026
Financedigi2414d ago

Romania Approves Spa Treatment Tickets for 2026

Romania's Ministry of Finance has approved a government decision for spa treatment tickets in 2026, allocating a budget of 410 million lei for up to 50,896 tickets across 16 series, with provisions for free access.

Global Economic Disruptions Impact Montenegro's Inflation
Worldcdm-me16d ago

Global Economic Disruptions Impact Montenegro's Inflation

A discussion on RTCG's "Naglas" program addressed the impact of the global economic crisis on the living standards of Montenegrin citizens. Tarik Turković from the Ministry of Finance noted a recent increase in average wages and an improvement in living standards.

Poland Sees Declining Revenue from Belka Tax
Politicstvn2416d ago

Poland Sees Declining Revenue from Belka Tax

Poland's Ministry of Finance forecasts a nearly 300 million PLN decrease in revenue from the 'Belka tax' this year compared to the previous year. This marks another consecutive year of declining income from the tax.

Controversy Over Finnish Official's Interview
Businesshelsingin-sanomat18d ago

Controversy Over Finnish Official's Interview

A controversy has erupted in Finland following an interview with Mika Niemelä, head of budget at the Ministry of Finance, in Helsingin Sanomat. Media experts are discussing the boundaries of what public officials can say and what journalists can publish.

Greece Freezes Tax Arrangement Interest Rates for One Year
Businessiefimerida25d ago

Greece Freezes Tax Arrangement Interest Rates for One Year

Greece's Ministry of Finance has introduced an amendment to freeze interest rates on permanent tax payment arrangements until April 2027. This measure aims to provide stability for taxpayers by keeping rates at current levels for another year.

Ghana's Airport Tax Revenue Falls Short of Target
Politicsmyjoyonline26d ago

Ghana's Airport Tax Revenue Falls Short of Target

Ghana's airport tax revenue has experienced a significant drop of GH₵400 million, missing its 2025 target by approximately 20%. The projected nearly GH₵2 billion failed to materialize, according to fresh data from the Ministry of Finance.

Bihać Maternity Benefit Payments Delayed Due to Administrative Issues
Worldhelsingin-sanomatklix-ban1-bih+1balkan-web28d ago4 sources

Bihać Maternity Benefit Payments Delayed Due to Administrative Issues

Maternity benefit payments for unemployed mothers in Bihać, Bosnia and Herzegovina, for February are delayed due to administrative procedures and late submission of necessary documentation, confirmed by the Una-Sana Canton Ministry of Finance.

Poland's WATS System Faces Delays and Skepticism
Technologyrzeczpospolita1mo ago

Poland's WATS System Faces Delays and Skepticism

Preparations for the WATS system launch were a reason for Poland's Ministry of Finance to postpone the OKI system, a move requested by the brokerage industry. However, the industry remains skeptical that WATS will launch by mid-year.

Lithuania Proposes Temporary Diesel Excise Duty Cut
Financedelfi-lt1mo ago

Lithuania Proposes Temporary Diesel Excise Duty Cut

Lithuania's Ministry of Finance has submitted a draft Excise Duty Law proposing a temporary reduction in the fixed part of the excise duty rate for regular diesel fuel and marked diesel used in agriculture, which could lower prices by 6 cents.

Electronic Rent Payments Postponed in Greece
Financeiefimerida1mo ago

Electronic Rent Payments Postponed in Greece

The Greek Ministry of Finance and the Independent Authority for Public Revenue (AADE) have postponed the mandatory electronic payment of rents until further notice, a measure initially extended until April 1st, due to various legal and technical issues.