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Germany unveils tax breaks to boost stagnant economy
Germany unveils tax breaks to boost stagnant economy
Economy
by  AFP

Germany's government on Wednesday put forward a sweeping package of corporate tax breaks aimed at boosting investment and pulling Europe's largest economy out of the doldrums. Under the plans, Germany's corporate tax rate would fall by one percent a year from 2028 to reach 10 percent, down from 15 percent.

Czechs sign nuclear deal with S.Korea firm KHNP: PM
Czechs sign nuclear deal with S.Korea firm KHNP: PM
Economy
by  AFP

A Czech state-run company signed Wednesday a deal with South Korea's KHNP to build two nuclear reactors in the EU country after a court dismissed a bid by France's EDF to block the deal. KHNP is due to build the two units at the southern Czech nuclear plant of Dukovany run by the state-run CEZ group.