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Fedorov Calls for Tax Freeze

The acting leader of the Polasciana Centrists has called for a freeze in the home and added rates of tax. The proposal, which would see revenues for the government fall in 2012, has been criticised by the leader of the Union…

Economic Growth Revised Down For Third Time

For the third quarter in a row, economic growth predictions have been revised downwards. Now standing at just 1.1%, the growth figure has hit its lowest estimation since economic crisis hit the nation in 2007, sending the growth level plummeting…

Government Rejects Statistics That Show Southern Bias

The Minister responsible for the Government’s planned tax changes has called it ‘farcical’ that he has weighted tax reforms to benefit those citizens who live in Centrist controlled states. Yevginy Kalandarshivilli, the Minister responsible for Finance, Industry and Trade said…

Attention Turns To Economy As Government Outlines Tax Agenda

Yevginy Kalandarshivilli, the Minister responsible for Finance, Industry and Trade will propose the government’s new tax legislation in the lower-house of Parliament tomorrow. A spokesman for the minister however said that no vote would be taken on passing the legislation,…

Summer Tourism Expects Boost As Law Change Takes Effect

The economy is expected to be given a boost this summer as new laws lifting visa restrictions come into force this month. From Monday 6th June holidaymakers who wish to leave the country for more than 2 months will no…

Centrists Face Challenging Vote As Opposition Applies Pressure

The Prime Minister is this weekend pressuring his delegates in the lower-house to support a crucial vote for the government. Koruin Gruaman, and his senior Centrist colleagues, are fearing a rebellion from the nationalist wing of the party after the…

Kalandarshivilli Warns Sereniérre On Reform Conditions

The Finance Minister, Yevgeniy Kalandarshivilli, has hit back at media reports from Sereniérre, where nation has cast doubt as to guarantees over further reforms as part of a revised economic trade package between the two countries. Kalandarshivilli, who has led…

Sereniérre Deal Marks Pivotal Moment For National Economy

A deal, reported to include a figure of up to 9 billion Kryak, between Polasciana and the Gallian nation of Sereniérre, could mark a significant upturn for the economy. Yevgeniy Kalandarshivilli who has been responsible for meeting the trade delegation…

Shulgin Leads Crucial Vote Against Government

The opposition spokesperson for Energy, Natural Resources and Environmental Protection will tonight go up against Minister Ludvig Fedorov in a crucial vote for the government. Korina Shulgin, a well respected member of the Union Party will face the Centrist minister…

Gruaman Under Attack As Government Reconsiders Tax Pledge

The Prime Minister has come under attack by the opposition Union Party in the lower house for an expected reversal of a pledge on tax changes. During his election campaign in 2008, Koruin Gruaman pledged that his party would freeze…

Kalandarishvili Welcomes Grocery Giant Profits

The Minister responsible for the office of Finance, Industry and Trade has said he ‘welcomes’ the announcement by supermarket chain Belovo that it has had a record year. The company posted a 19% increase in trade, like-for-like compared to the…

National Power Network Could Face Privatisation Following Election

Power4, the public company responsible for the national power network could face privatisation following the outcome of the presidential election. The Centrists, along with the United Nationalists have submitted manifesto proposals to their respective party conferences detailing plans to allow…