15 scenarios for changes in labor taxes have been prepared

The first scenario provides for the introduction of a fixed non-taxable minimum from the first year and a more progressive application of personal income tax rates (PIT). Under this scenario, the impact of first-year changes as a percentage of projected 2024 revenues is minus 4.2% (-€114.3 million). The cumulative impact as a percentage of projected … Read more

BB.lv: This year the situation in hospitals “will be ok”

The politician said that in order for more money to flow into hospitals this year, it is necessary to move forward quite smoothly on the report proposed by the Ministry of Health on the first reforms of the hospital network, the approval of which will allow hospitals to receive an additional more than 25 million … Read more

Japan transferred $118 million to Ukraine

The projects are called “Strengthening the healthcare system and preserving life” (HEAL Ukraine) and “Housing renovation to restore the rights and opportunities of people” (HOPE). For the first, $70 million has been allocated; it will be spent to reimburse budget expenses incurred under the medical guarantee program. The rest of the amount will go towards … Read more

The EU will increasingly have to answer why the assets of the Bank of Russia are not being used

He emphasized that over the past year in Europe the emphasis on the issue of frozen assets has shifted from the assets of the oligarchs to the assets of the Russian central bank, since the expropriation of private assets will always be a “very specific red line”, and in any case we are talking about … Read more

good, but not enough money and brains

At the forefront of the national economic breakthrough Over the past decade, 620 million investments have been attracted to Latvia through start-ups – new enterprises, Minister of Economy Viktors Valainis (Union of Greens and Farmers) indicated in a message to the government. The country’s startup ecosystem consists of at least 626 enterprises, of which 447 … Read more

The expert proposed to completely stop trade with Russia

“People may think that this is too extreme a step. But we have now come to the point where there are so many restrictions that it is easier to say that there is only one restriction – no trade. And then make some exceptions, for example, for medicines that can be transported across the border. … Read more

U.S. House of Representatives Passes Short-Term Spending Bill to Avoid Government Shutdown: Latest Updates

2023-11-14 23:49:48 The U.S. House of Representatives passed a short-term spending bill on Tuesday (14th) to avoid a federal government shutdown. The bill is now sent to the Senate, and leaders of both parties in the Senate have expressed support. The newly elected House Speaker Mike Johnson successfully overcame the opposition of some Republican colleagues … Read more

The Impact of OSFI’s Turnaround on Mortgage Renewals: What You Need to Know

2023-11-04 08:00:00 It’s deplorable. The situation became clearer in mid-October. “Clarify” isn’t quite the right word. We should rather speak of a “turnaround” as spectacular as it was unexpected. Because the rules could not be said to be equivocal, they were applied uniformly by the entire industry. I touched on the subject briefly in a … Read more