Central banks have done their part in efforts to revive the economy and must now give way to the government, according to the Bank for International Settlements (BIS). The statement came after a week of turmoil in financial markets due
When does winter time end in spring Winter time will change to daylight saving time in the spring of 2023 on Sunday, March 26, when daylight saving time begins. When does winter time start in 2023 Daylight Saving Time starts
Today, the Czech koruna crossed the threshold of 26 crowns per euro and hit its lowest level since June 2010. The domestic currency also weakened against the dollar. Moody’s downgrade of Hungary, which affects all Central European markets, contributed to
The fight against tax evasion is intensifying. Luxembourg is ready to crack down on part of the country’s bank secrecy to curb tax evasion, said Luxembourg Finance Minister Luc Frieden. In contrast, the Austrian Ministry of Finance said Vienna still
Dozens of prominent politicians and businessmen from various countries hide their wealth in tax havens to avoid being taxed by their own country’s authorities. It follows leaked documents from law firm Mossack Fonseca, some of which were published today by
On the Christmas holidays, people do their last shopping on the morning of December 24th. Shops with a sales area of more than 200 square meters must remain closed after 12:00 p.m. and throughout the first and second days of
This year has been full of bad news, including record high inflation, a crippling energy crisis, and a war that destroyed world trade. Several international organizations are concerned about the impact of the simultaneous crisis on the world economy and
Ukrainian officer and MP Nadija Savchenko is ready to become head of state if Ukraine so chooses. He made this known in Kyiv at his first press conference after being released from a two-year prison in Russia on Wednesday. He
The current debt crisis in Europe is more dangerous than the global financial crisis of 2008. According to Reuters, the well-known American billionaire and investor of Hungarian origin, George Soros, made this statement today. Already last week, he pointed out
The General Meeting of the Prague Congress Center (KCP) changes the members of the Board of Trustees and the Board of Directors. For example, the chairman of the board and former deputy mayor Václav Novotný (TOP 09) and the representative