Fiala, windfall tax, Kretinsky Czech Republic Daniel Křetínský Petr Fiala Windfall tax Commentary czech republic

The largest Czech company flees from Fiala’s massive windfall tax

On Friday, the governing coalition in Czechia pushed through a windfall tax (WFT) after months of debate, and already one company says it will move part of its operations aborad to avoid the tax. The WFT is a very high tax that affects very few companies, specifically 10 — six banks with foreign owners, three […]
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Czech Republic European Union Hungary Janet Yellen Oil embargo Russia sanctions Slovakia Tariffs Viktor Orbán Commentary Economy Remix Exclusive
1 YEAR AGOCzech Republic European Union Hungary Janet Yellen Oil embargo Russia sanctions Slovakia Tariffs Viktor Orbán Commentary Economy Remix Exclusive

US pushes EU to bypass nations blocking ban on Russian oil

Tariffs are intended to help reinforce a Russian energy embargo, but they will also increase the reliance of smaller European nations on U.S. energy supplies

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