Friday

29th Mar 2024

Ticker

Post-Brexit purchases from UK come with VAT 'surprise'

Customers in Europe buying products from UK companies are receiving unexpected bills for VAT and customs declarations or finding household names have stopped shipping to the continent, as post-Brexit trading rules bite, the Guardian writes. Since the end of the Brexit transition period, continental customers must both complete a customs declaration for goods imported from the UK and pay national VAT.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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