The Organisation for Economic Co-operation and Development (OECD) and the Biden administration have brokered a compromise on the plan to introduce a global corporate tax regime with the three low-corporate tax states that had been holding out on the agreement. With Ireland, Estonia and Hungary now onboard, the ambitious measure
Zagreb has come out in support of the G20 political agreement based on a proposal to tax multinational companies. It will bring greater tax fairness, according to Croatia’s finance minister, Zdravko Marić, who said his country is in favor of the global mechanism that is planned to be enshrined
Hungary’s prime minister, Viktor Orbán, allegedly pledged his allegiance to the European Union and admitted that Hungary is not likely to receive EU COVID-19 recovery funding on time at this past weekend’s “Kötcse” political picnic, an annual closed-circle gathering of people close to the government.
According to sources
Inflation may pose a real threat for countries in Central & Eastern Europe (CEE), specifically for Poland and Hungary, which are facing post-pandemic economic pressures. That’s why their economies do not appear as shiny as they used to. Hungary saw a recent inflation rate of 5.1%, while Poland’