Albania is preparing a Medium-Term Revenue Strategy (MTRS) to finance its development spending of an estimated 2.2-3.0 percent of GDP over five years. Revenue mobilization will be supported by comprehensive tax policy and administration reforms. International and regional comparisons suggest...

Do sovereign bond investors care about taxation in the countries where they invest? In this paper, I examine the response of sovereign spreads to changes in tax revenues, bases and rates. In simple OLS regressions there is a negligible relationship between sovereign spreads and taxation....

The article analyzes the recent judgment of the European Court of Justice (ECJ) in the Gauweiler case, answering the first preliminary reference ever by the German Constitutional Court on the legality of the Outright Monetary Transaction (OMT) program of the European Central Bank (ECB). As the...