Slovakia has further progressed in extending the number of DTTs to encourage foreign investment. Armenia and the Slovak Republic signed a Double Taxation Avoidance Treaty.
The Executive Board of the National Bank of Serbia decided at its meeting to cut the base rate by 0.5 percentage points, to 6%, which is the historically lowest level.
The Central Bank of Hungary decided to reform its monetary policy instruments by replacing its main two-week facility with a new three-month fixed interest rate deposit starting 23 September.
