Greece has become the world's strongest market for rising house prices
After nine years of falling house prices, the Greek market is growing strongly again thanks to measures to support it and improve economic conditions. The Greek property market was the…

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France closes schools and universities due to coronavirus
The coronavirus epidemic is just beginning, warns Emmanuel macron. On the evening of Thursday, March 12, French President Emmanuel macron announced in a televised address to the nation that all…

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Russia has restricted air traffic to all countries of the world
Only regular flights from Moscow to the capitals or major cities of foreign countries are maintained. Here is a full list of current flights. Russia has restricted air traffic to…

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interest

The US Federal reserve lowered its base rate to almost zero

The us regulator is taking measures to protect the economy from the effects of coronavirus.

The us Federal reserve, which serves as the country’s Central Bank, cut its benchmark interest rate by one percentage point to 0-0. 25 % at an emergency meeting on March 15. This is stated in the report of the regulator.

“The Committee expects to maintain this target range until it is confident that the economy has withstood recent events and is on track for maximum employment and price stability targets,” the fed’s management said in a statement. Continue reading

World on lockdown: countries close borders and impose quarantines due to coronavirus
On Monday, March 16, several countries announced the closure of borders and the introduction of quarantines due to the spread of the coronavirus. Russia has closed the border with Belarus.…

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The number of countries transmitting information about tax residents to Russia has increased
The organization for economic cooperation and development (OECD) continues to fight tax evasion and illegal profit-withdrawal schemes. One of the methods is the automatic exchange of information about foreign accounts,…

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UK increases stamp duty for foreign property buyers
The stamp duty surcharge will begin to be collected from April 2021. This decision may lead to a temporary surge in the activity of foreign investors in the country's market,…

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The number of countries transmitting information about tax residents to Russia has increased
The organization for economic cooperation and development (OECD) continues to fight tax evasion and illegal profit-withdrawal schemes. One of the methods is the automatic exchange of information about foreign accounts,…

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