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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
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Small total surplus for budget at close of 2025 as underspend remains prominent
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Energy propels 3.3 pct YoY drop in import prices in Nov
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CPI accelerates to 2.6 pct YoY in Dec, food prices rise by 3.6 pct
Finance Ministry scrambles to correct property tax after error-strewn debut
After months of discussions and planning, the launch of the unified real estate property tax (ENFIA) earlier this month foundered on a number of problems, which caused the government embarrassment and left the Finance Ministry with plenty of revision work to do.
This tax is due to replace the emergency levy on homes introduced in autumn 2011, which was paid via electricity bills. The government lobbied the troika persistently to get the unpopular emergency tax incorporated into a general property levy because i...
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