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Ukraine’s next best hope
Conflict between the Ukraine and Russia continues to escalate despite a ceasefire being declared in February of this year. On the backdrop of this, The Eastern Partnership Summit was held in Riga, Latvia on 21st & 22nd May 2015 to discuss EU relations with the leaders of the EU’s...
To invest or not invest in Romania?
Flags and coat of arms of Romania. Romania has much to offer to business incorporating in the country, especially due to its location and EU membership. However, conducting business activities in the country is still somewhat challenging, as the country still faces problems associated with-developing countries. Companies that wish...
How the Moldovan bank fraud is affecting the country’s economy
Balti, second largest city in Moldova Three major Moldovan’s banks lost US$1 billion in total, due to a huge theft through a number of fraudulent loans and transfers. This amounts to one eighth of Moldova’s gross domestic output. This robbery left the three banks on default. So, the National...
5 Reasons to Establish a Holding Company in Luxembourg
Image is taken from https://upload.wikimedia.org/wikipedia/commons/3/3a/Luxembourg_City_pano_Wikimedia_Commons.jpg “Soparfi” (Société de Participations Financières) is the name given to a holding company in Luxembourg. According to Wikipedia, “A holding company is a company that owns other companies’ outstanding stock. The term usually refers to a company that does not produce goods or services...