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Sunday, January 29, 2023
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Economy

Record: Six million tourists visited the Ottoman palaces in Istanbul

The number of tourists visiting the palaces, mansions and pavilions associated with the Presidency of the National Palaces reached a new record in 2022, reaching over 6 million. This is a 98 percent increase...

EU investigation into cross-border VAT fraud of circa 32 million euros in 10 countries

Operation Display took place today in 10 EU Member States (Austria, Bulgaria, Czechia, Estonia, Germany, Hungary, Lithuania, the Netherlands, Slovakia and Slovenia), within the framework of an investigation into cross-border VAT fraud by the European Public Prosecutor’s...

French electric trains run in Romania at 160 km/h: the investment exceeds €350 million

Romania is on its way to getting its first fully electric trains, Romania Insider reports. The machines were manufactured by Alstom and will be put into operation by the end of this year. The...

Founder of cryptocurrency platform arrested for laundering $700 million

US authorities announced today that they have arrested a Russian who is the founder of Hong Kong-based cryptocurrency platform Bitzalto on charges of laundering $700 million from criminal activities, AFP reported. Anatoly Legkodimov, a 40-year-old...

Millions of Chinese head to their hometowns on the eve of the Lunar New Year

The Chinese government expects 2.1 billion trips to be made during the 40-day Lunar New Year holiday period that falls on Sunday, January 22 Millions of workers in China's major cities are on the road...

Italy, €10 million frozen in investigation into ‘Dutch sandwich’ tax evasion scheme

On 11 January 2023, in an investigation into tax evasion carried out by the European Public Prosecutor’s Office (EPPO), the Italian Financial Police (Guardia di Finanza) executed a freezing order of assets for a value...

EU Prosecutors discover a case of professional smuggling of luxury cars in Hamburg €3.5 million lost in import duties

Luxury cars - According to the result of investigations by the European Public Prosecutor’s Office (EPPO) in Hamburg and the Customs Investigation Office in Hanover, four persons are suspected of having formed a criminal...

OECD appoints Clare Lombardelli as Chief Economist

Clare Lombardelli has been appointed as the next Chief Economist of the OECD, starting on 2 May 2023. Clare was selected after a highly competitive merit-based selection process. She is a highly regarded economic policy...

Humanitarian crisis in Nagorno-Karabakh: Potatoes are a luxury, bananas are a dream

Eco-activists are blocking the region's only connection to the outside world In the village of Teg, Armenia, stationary vehicles block the mountain road to a border crossing where a mysterious diplomatic traffic jam has stopped...

The largest deposit of rare earth elements in Europe discovered

The full extent of the deposit has not yet been established Europe's largest known deposit of rare earth elements - key to the production of electric cars - has been discovered in the far north...

Fitch with an unfavorable forecast for shipping deliveries in 2023

Credit rating agency Fіtсh Rаtіngѕ presented its new report Glоbаl Ѕhірріng Оutlооk 2023, in which it revised downwards forecasts for commercial vessel deliveries from “neutral” to “deteriorating”.The unfavorable prognosis is mainly due to the...

Recovery plans: MEPs push for wise use of money, democratic oversight

Recovery plans - Countries should use the more than €700 billion available under EU recovery plans to adapt to new social and economic realities, MEPs say. The EU’s Recovery and Resilience Facility was set up...

The export of Swiss watches increased by 12 per cent, up to 23 billion francs

During the January-November period, the export of watches increased by 11.9% and amounted to 22 million euros and 809.1 million francs. The export of Swiss watches to the USA on an annual basis c 32.9%,...

Blocktrade Exchange: The Decentralized Centralized Exchange in Europe Crossed 5000 Class B Shareholders

TALLINN, ESTONIA, January 9, 2023 /EINPresswire.com/ -- Blocktrade, the most decentralized centralized crypto exchange in Europe, has established itself as the best place for cryptocurrency trading and exchange. With a wide range of cryptocurrencies...

Eurogroup President, Paschal Donohoe, travels to Italy today

Mr Paschal Donohoe, President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery & Reform, will today, Monday 9th January 2023 travel to Rome to meet with Mr Giancarlo Giorgetti, Minister of...

Croatia joins the Euro and Schengen areas

On 1 January 2023 Croatia adopted the euro as its currency and joined the Schengen area. This marks an important milestone in the history of Croatia, of the euro and Schengen areas and of the...

Turkey has almost halved the price of gas for religious sites

Turkey lowered gas prices by 42.73 percent for religious sites, places of worship, including mosques, churches and synagogues. The decision came into force on January 1, 2023. There will also be a reduction for...

New tax in Turkey from 01.01.2023

From the beginning of the new year, the residence tax comes into force in Turkey. This is likely to make tourism services more expensive. Its value is 2% of the amount of the relevant...

Istanbul welcomes 2023 with a drastic price increase for public transport

Turkey's most populous city, Istanbul, where mass transit vehicles are widely used due to heavy traffic, has again raised ticket prices. The Transport Coordination Center (UKOME) of the municipality has announced a 29.1 percent...

The EU bans small shampoo bars in hotels

The EU could ban miniature shampoos and shower gels in hotels, as well as single-use food containers in the fight against environmental pollution. The proposal is part of the European Green Deal, and in Europe...

France fines Microsoft 60 million euros for intrusive ads

France imposed a fine of 60 million euros on the American technology giant Microsoft, "France Press" reports. The reason is to force users to accept advertising cookies. In the biggest fine imposed this year, the National...

Europe’s Darkest Political & Financial Scandals of 2022 Unveiled – except Qatargate

Get the inside scoop on Europe's worst political and financial scandals of 2022 with our comprehensive rundown!
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REPowerEU – outlook on EU gas supply in 2023

Ursula von der Leyen: REPowerEU - outlook on EU gas supply in 2023 Good afternoon, I am very happy to welcome here Fatih Birol. We had a very good discussion on an energy outlook for Europe...

Growing partnership between Portuguese and American markets

Markets // In 2021, Portuguese exports from the textile sector to the US increased by 42.8%, and the trend is poised to continue as American companies search for alternatives to Asia. This, however, is...

40% increase in people seeking support from Caritas and Eurodiaconia

Caritas Europa and Eurodiaconia are raising the alarm: in one year, there has been a 40% increase in people seeking support from their members’ social services. The two networks today publish the findings from...
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