Business
Hospitality doesn’t have a VAT problem. It has a profitability problem
Every few years, the hospitality industry returns to the same debate: reduce VAT, cut tax and save restaurants. A lower rate of VAT would undoubtedly help many businesses, but after operating…
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EIB to present Ukraine rebuilding plan
The bank is proposing to use a funding structure similar to that used in the coronavirus crisis to direct up…
EU turns to Egypt and Israel to ensure alternative gas supplies
The Memorandum of Understanding (MoU) was signed yesterday in Cairo by Israel's Energy Minister, Karine Elharrar, along with Egypt's Minister…
Taiwan, EU to discuss trade, chip production
The source pointed out that Wang Mei-hua, Taiwanese Minister of Economic Affairs, will hold a virtual meeting with a ranking…
Germany turns to Senegal for natural gas
Scholz pointed out that Germany is rethinking its energy strategy in the wake of the war in Ukraine and added…
French Engie agrees on payment scheme with Gazprom
Belgium, (Brussels Morning Newspaper) French power utility Engie announced on Tuesday that it reached an agreement with Russian energy company…
Bundesbank chief urges ECB to fight inflation with higher interest
Belgium (Brussels Morning Newspaper) German central bank governor Joachim Nagel joined on Tuesday a long line of policymakers urging the…
Germany prepares for possible Russian gas cut
Belgium, (Brussels Morning Newspaper) Germany is preparing for a possible Russian gas cut, according to three sources familiar with preparations.…
EC says Apple Pay is anticompetitive
This is currently the second EU antitrust charge against Apple, following last year’s process in which the company was accused…