Subsidy

One way to deal with high inflation is to support production and introduce tax breaks. Reducing VAT on food will increase collection and brighten the industry. The introduction of a "Green Certificate" at around 20% vaccination is a mistake that can lead to a slowdown in economic development.

The charges centre on a 50-million-koruna (2 million euros) subsidy granted to the Capi hnizdo (Stork's Nest) leisure resort, which sits around 50km south of Prague, in 2007. Police suspect that Babis hid Agrofert's ownership of the resort in order to access the subsidy, for which only small companies were eligible.

The public servants with the Transport Ministry are very courageous to allot from public funds subsidies for the rail transport of people, on their own responsibility, without an electronic system in place to check what happened to this money, Bogdan Chiritoiu, the chair of the Competition Council, told on Wednesday the conference "Modern and efficient: rolling stock that Romania needs," organi

Earlier today, the Minister of Agriculture, Forestry, and Water Management, Branislav Nedimovic, paid a visit to several villages within the territory of Kosjeric municipality in Western Serbia and talked to the locals.

According to officials in the Ministry of Agriculture and Ministry of Rural Care, agricultural production without chemicals and machines are ideal and could boost the efforts to revive abandoned rural households, especially in underdeveloped parts of the country, reduce unemployment and boost economic development in general.

The Finance Ministry will endow the subsidy program for enterprises' fixed spending with over 400 million euros, making it a support instrument for the professionals hit hardest by the pandemic that will also undo some injustices.

By way of contrast, Chinese pressure to stop Jaroslav Kubera visiting Taiwan took a more sinister turn when the Senate president keeled over from a heart attack. When his successor, Milos Vystrcil, embarked on the trip anyway in September, Beijing hoped to similarly scare Prague with threats of retaliation.

The construction sector and others dependent on it are in for a massive investment injection in the coming years through the new state subsidy program "Exoikonomo-Aftonomo," which kicks off on Friday in the region of Epirus and will cover the entire country in the next few weeks.

Labour, Family, Social Affairs and Equal Opportunities Minister Janez Cigler Kralj presented the scheme to the Economic and Social Council (ESS), after which the country's main industrial relations forum set up two task forces to go over the bill over the weekend.

As part of efforts to boost businesses, which have already taken a strong hit from the coronavirus pandemic, while also helping the unemployed, whose numbers are expected to rise amid the new crisis, the government is planning to partially subsidize wages lost by employees whose full-time contracts have been reduced to part-time while introducing a coupon scheme as a cash incentive for employer