Central European Times

Central European Times

"Au Revoir" to Aviation Fuels Exemption

"Au Revoir" to Aviation Fuels Exemption

In an effort to urge the aviation industry to use more clean-burning fuels, a draft from the European Commission proposes a minimum tax within the EU on polluting aviation fuels, specifically on energy products supplied as aircraft fuel for flights within the EU. This means aviation fuels would no longer

Slovakia's Flying Car Takes Flight

Slovakia's Flying Car Takes Flight

In Slovakia, a prototype flying car has completed a 35-minute flight between the country’s international airports in Nitra and Bratislava. The hybrid car-aircraft, AirCar, is equipped with a BMW engine and runs on regular petrol. Its creator, professor Stefan Klein, said it could fly about 1,000km, at a

Visegrad Countries Discuss Recovery Plans in Warsaw

Visegrad Countries Discuss Recovery Plans in Warsaw

Meeting in Warsaw, finance ministers from the “Visegrad 4” (V4) country grouping – Poland, Czechia, Hungary, and Slovakia – discussed post Covid-19 economic recovery plans and investments. They welcomed the global minimum tax proposed by the G7 but said they prefer an international solution in the Organisation for Economic Cooperation and Development