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Economics Gazette

Economy and Business news

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April 22, 2018

Archives for December 2017

Emmanuel Macron

Emmanuel Macron signed a law on controversial tax reform

The French President Emmanuel Macron signed three laws laying the basics for introducing his controversial tax reform and other parts of his election platform. The new laws will contribute to the restructuring of the French economy, said the head of state at the signing ceremony at the Elysée Palace. The legislative acts that local Parliament

Paolo Gentiloni

Italy fully recovered from the economic crisis

Italy fully recovered from the economic crisis, according to the Prime Minister Paolo Gentiloni. According to him, the country is in better condition than last parliamentary elections in 2013. Meanwhile, the country’s government has scheduled parliamentary elections on March 4, 2018, after President Sergio Mattarella officially dismissed parliament. “The truth is that Italy has begun

China taxes

China lower taxes on foreign companies

China reacted to the global competition to attract new investment fueled by the US tax reform. According to new directive, the foreign companies will not have to pay taxes on profits they reinvest in the country. This decision will “foster growth in foreign investment, improve the quality of foreign investment, and encourage foreign investors to

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