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STA, 7 February 2022 - Slovenian ski jumpers Nika Križnar, Urša Bogataj, Timi Zajc and Peter Prevc won the gold medal in the mixed team normal hill event at the Winter Olympics on Monday to make history as the first nation to win the event in its Olympic premiere in Beijing.

Slovenia finished a whopping 111.2 points ahead of the silver medal-winning Russia, while Canada (156.9 points behind Slovenia), whose ski jumpers are coached by Slovenia's Bine Norčič, surprisingly won the bronze medal in an event that saw four disqualifications due to outfit irregularities.

In the first series, when the favoured teams of Japan, Austria and Germany were disqualified, Slovenia led the pack with a 49-point advantage ahead of Norway, which was later disqualified in the final round.

This is the third medal for Slovenia in Beijing in ski jumping and in general, after Bogataj won the gold medal and Križnar grabbed bronze in the women's normal hill individual event on Saturday.

Prevc won his third Winter Olympic medal after silver in Sochi in 2014 on the normal hill and bronze on the large hill in the same competition, while this is the first Winter Olympic medal for Zajc.

Križnar, who is returning to Slovenia with two medals, said the atmosphere was nervous, also due to the disqualifications, adding that the Slovenian team tried not to think about that and to focus on their jumps.

"Despite all the fuss around us, we remained calm and performed well. I'm very proud of the whole team," she told reporters of the public broadcaster TV Slovenija.

Zajc added that it was "really a great day! All four of us had great jumps today and I can say that we deserved to win."

The double gold medallist Bogataj said that it was important that the Slovenian jumpers performed well despite "the weird competition, as disqualifications kept piling up."

Peter Prevc, to whom the medal comes as a consolation of sorts after the 4th place in the men's normal hill individual event, added that "it was difficult, but we made it" for the first time in the Olympic team event after Slovenia had been among the favourites there since 2013.

The mixed team event was the last competition on the normal hill at the Zhangjiakou Olympic venue. While female ski jumpers finished their performances at the Beijing Games today, their male counterparts are now moving to the large hill for the individual and team events.

STA, 7 February 2022 - Interest among Slovenian businesses to get showcased at the Dubai Expo has been growing. The country's pavilion has hosted around 400,000 individual visitors, more than 200 delegations and over 100 business events so far, Slovenia's Expo commissioner Matic Volk said on Monday.

In terms of hosting representatives of the business sector, the numbers have already exceeded the plans made before the World Expo. "We are quite satisfied," added Volk.

Volk expects the current momentum to be maintained in the last two months of the Expo. "In the second half of February and in March, our programme is quite busy as well, as interest in the Dubai Expo is very high," he explained.

"More and more Slovenian companies see Slovenia's Expo pavilion as an excellent opportunity to assess the situation on the ground and the possibilities to enter the market in Dubai, the UAE and the wider region," said Volk.

The Slovenian team is also one of the most active in terms of the business side of the Expo. "Practically all of our business events were packed with foreign guests, which allows us to establish quality contacts at all levels," added Volk.

Several business agreements have already been signed at the Slovenian pavilion, and many negotiations are still ongoing, while Slovenia has also recently strengthened cultural and entertainment activities at the Expo.

The Slovenian National Day on Tuesday, coinciding with the Culture Day holiday in Slovenia, is planned as one of the highlights, with Foreign Minister Anže Logar and Economy Minister Zdravko Počivalšek in attendance as well.

The event will be marked by ceremonies at the Expo's main venue, Al Wasl Plaza, as well as at the Slovenian pavilion, and a concert showcasing Slovenia's cultural heritage and contemporary artistic creativity.

STA, 7 February 2022 - Slovenia recorded an excess mortality rate of 15% last year, when the Covid-19 epidemic was in full swing, the Statistics Office said on Monday. The worst month of 2021 was November, when 49% more people died than the average for the same period in 2015-2019.

The excess mortality rate represents the excess of the number of deaths over the average number of deaths in previous years during the same period, the Statistics Office explained.

According to provisional data, a total of 23,177 people died in Slovenia in 2021, which is 2,589 more than in 2019 - before the outbreak of the coronavirus, but 839 (3%) fewer than in 2020.

The year before last was when the Covid-19 epidemic was at its worse in Slovenia, as the excess mortality rate was even higher than last year at almost 19%, with a total of 24,016 deaths recorded in 2020.

However, very high excess mortality was also recorded in November 2021, at almost 50%, followed by January and December 2021, at 28%.

In December last year, 2,287 people died in Slovenia, which is 951 fewer than in December 2020 and 419 more than in the same month in 2019. On average, 74 people died per day in December 2021.

A total of 1507 people aged 75 or over died in December last year, which accounts for 66% of the total number of deaths in that month. Compared to the average number of deaths in the same age group in 2015-2019, this number was 27% higher.

More on births and deaths in Slovenia in 2021 here

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Week-on-week drop in Covid cases continues

LJUBLJANA - Slovenia confirmed another 7,458 coronavirus cases on Saturday in what continues to be a drop in Covid cases in weekly comparison for the third consecutive day, show fresh official data. Hospitalisations remain stable as a total of 393 patients are hospitalised with Covid-19 as their main condition at regular wards, up by two, and 119 at intensive care units, also up by two. Additional 16 people with Covid died, the government said.

Slovenia reiterates its support for nuclear in EU taxonomy

LJUBLJANA - Slovenia has reiterated its support for the inclusion of nuclear energy in the EU's taxonomy of sustainable energy sources after the EU Commission unveiled the proposal calling for nuclear and gas energy to be included in the taxonomy. "Slovenia believes nuclear energy will be needed to maintain low-carbon energy production in the long run, not only during the transition period," the Finance Ministry told the STA.

Ski jumper Peter Prevc places fourth in men's Olympic individual

BEIJING, China - Slovenian ski jumper Peter Prevc finished fourth in the men's normal hill individual event at the Beijing Winter Olympics. He was half a point short to clinch what could have been his third Olympic medal after the two he won at Sochi 2014. Japan's Ryoyu Kobayashi won the gold medal, Austria's Manuel Fettner the silver and Poland's Dawid Kubacki the bronze. Another Slovenian made it to the top ten as Timi Zajc placed ninth.

Boxer Ema Kozin suffers first loss as a pro

CARDIFF, UK - Ema Kozin, the best Slovenian female boxer, lost against American Claressa Shields on Saturday evening in Cardiff, UK in a fight for the world champion title in a number of categories in the female middleweight class. This is Kozin's first defeat of her professional fighting career. Shields, the two-time Olympic gold medallist and world champion, dominated all ten rounds of the bout.

STA, 5 February 2022 - Slovenian ski jumpers Urša Bogataj and Nika Križnar made history at the Winter Olympics in Zhangjiakou on Saturday, as Bogataj has won the gold and Križnar won the bronze medal. It is the first time that more than one Slovenian athlete has made the Olympic podium in the same event.

The other ski jumpers representing Slovenia were Ema Klinec, who finished fifth, and Špela Rogelj, who ended the final series in ninth place, which means all Slovenian ski jumpers finished the competition inside the top ten.

After finishing the first series as the leader, Germany's Katharina Althaus (236.8 points) won the silver medal, ranking between Križnar (232 points) and Bogataj (239 points), who set the new hill record with 108 metres in the first round.

"I haven't realised it yet, I don't know how this is possible. I am very happy," said 26-year-old Urša Bogataj in her first statement after winning the gold.

When asked what has changed since Friday, she said it was perhaps the first jump today. "I broke the hill record and I really enjoyed it, so I said to myself, I will just do it, and I don't care what happens," said the new Olympic champion.

Meanwhile, current world champion Ema Klinec (215.4) was fourth after the first series, but switched places with Japan's Sara Takanashi (224.1) in the end to finish fifth.

Špela Rogelj (184.2) was eighth after the first series, and although she did not manage to improve on her result in the final, she did not lose much, finishing ninth in the end.

Slovenia's ski jumping team, led by head coach Zoran Zupančič, has been excellent in all training sessions and also in today's trial series, when Križnar was first, Bogataj second and Klinec fourth.

"I just enjoyed today. I knew I had to smile and be happy, whatever happens. I sang a song to myself all day, and then I heard Urša singing it too. I'm so happy and I can't wait to go home and hug my loved ones," Nika Križnar said after the final.

"I am so happy for Urša, and I am really glad that she has done it. When you are standing next to your best friend like this, on an Olympic podium, it is even more special. We're going to have a hard time falling asleep tonight," she added.

"We both cried with happiness because we are good friends and roommates, we always have a good time together. I don't know how it is possible that we did it, but we just did," said Olympic champion Urša Bogataj.

"I liked this hill ever since the first jump I made here. I hope it can continue like this, because the team event will be very important as well, and I hope we can win some medals there too," she added.

The medals won by Bogataj and Križnar are the first ones for Slovenia at this year's Winter Olympics, and Bogataj became the first Slovenian after Tina Maze to win a gold medal at the Winter Olympics. Slovenia now also has 13 bronze medals thanks to Križnar, and the total number of medals in ski jumping has risen to five.

This was the only individual competition for female ski jumpers at this year's Winter Olympics, with the mixed team event to follow on Monday.

Check the date at the top of the page, and you can find all the "morning headlines" stories here. You can also follow us on Facebook and get all the news in your feed.

This summary is provided by the STA:

Slovenia's ski jumpers win gold and bronze at Winter Olympics

BEIJING - Slovenian ski jumpers Urša Bogataj and Nika Križnar made history at the Winter Olympics in Zhangjiakou on Saturday, as Bogataj won the gold and Križnar won the bronze medal in the women's normal hill individual event. It is the first time that more than one Slovenian athlete has made the Olympic podium in the same event. The other ski jumpers representing Slovenia were Ema Klinec, who finished fifth, and Špela Rogelj, who ended the final series in ninth place, which means all Slovenian ski jumpers finished the competition inside the top ten. This was the only individual competition for female ski jumpers at this Winter Olympics, with the mixed team event to follow on Monday. The medals won by Bogataj and Križnar are the first ones for Slovenia at this year's Winter Olympics, and Bogataj became the first Slovenian after Tina Maze to win a gold medal at the Winter Olympics. Slovenia now also has 13 bronze medals thanks to Križnar, and the total number of medals in ski jumping has risen to five.

Over 11,600 new Covid cases confirmed in Slovenia on Friday

LJUBLJANA - 11,680 infections were confirmed in Slovenia for Friday, eight less than the day before, shows data from the Institute of Public Health (NIJZ), which estimates there are currently almost 198,000 active infections in the country. The 7-day average of confirmed infections is at 14,004 and the two-week incidence per 100,000 population at 9,631. Government data show that 25 Covid patients died yesterday and that a total of 944 patients were in hospital this morning.

SPIRIT agency director resigns

LJUBLJANA - According to reports on Saturday by newspaper Delo, Tomaž Kostanjevec resigned as director of the SPIRIT agency for the promotion of entrepreneurship and investment on Friday. He reportedly changed his mind after handing in his resignation, but the members of the SPIRIT agency's board found that his irrevocable resignation could not be withdrawn or revoked. Kostanjevec also stepped down as a member of the supervisory board of the state-run postal company Pošta Slovenije earlier this week.

What follows is a weekly review of events involving Slovenia, as prepared by the STA.

If you’d like to keep up on the daily headlines then follow those here, or get all our stories in your feed on Facebook.

FRIDAY, 28 January
        LJUBLJANA - FM Anže Logar said that Slovenia and Taipei intended to open mutual economic and cultural representative offices, noting Slovenia had not changed its position in relations with China. This came after PM Janez Janša's statements on Taiwan.
        LJUBLJANA - N1 news portal obtained a draft document of Slovenia's report on rule of law that it says contains value judgements reflecting the views of the ruling SDS as it problematises some judges' appointments. The document is part of preparations for the next EU's Rule of Law Report.
        BRUSSELS, Belgium - Janez Lenarčič, Slovenia's European commissioner, expressed the hope that forces which are sincerely in favour of fundamental EU values such as the rule of law win the Slovenian general election in April, as he warned against a return to one-party rule of the kind Slovenia had experienced in the past.
        LJUBLJANA - Trade unions representing staff in health and social care announced a strike starting on 16 February citing the government's failure to resume talks to resolve the remaining pay disparities as agreed.
        MARIBOR/CELJE/LJUBLJANA - The Slovenian police and the Financial Administration announced they had dismantled in cooperation with French security authorities and Europol an international criminal ring that illegally manufactured tobacco products in Slovenia and smuggled them across the EU.
        VELENJE - The Hisense Europe Group, which includes the Velenje-based maker of household appliances and TV sets Gorenje, said it was looking for new employees to respond to new orders. Hisense wants to hire between 250 and 400 new staff.
        LJUBLJANA - A new supervisory board of RTV Slovenija held its maiden session, electing as chief supervisor Borut Rončević, a board member appointed by the government. The new team will supervise the broadcaster's business operations until 2026.
        WILLINGEN, Germany - Slovenia won the mixed team event at the ski jumping World Cup in Willingen, Germany in what was the last try-out before the Olympic debut of this format. Two days later, Nika Križnar won the last women's event before the Beijing Olympics, setting a world record at 151 metres.

SATURDAY, 29 January
        LJUBLJANA - The government confirmed a EUR 200 million package of aid for households and companies to mitigate energy price hikes - a 106 million energy voucher scheme for households, aid for companies and farmers worth EUR 70 million, lower network fees for electricity and lower excise duties on heating oil and petrol. The GZS chamber welcomed aid for energy-intensive businesses, although it suggested it should have come sooner, the OZS chamber said it should be extended to include small businesses as well. Meanwhile, environmental NGOs were critical of subsidies for some large industrial energy consumers.
        LJUBLJANA - The government appointed Mitja Lainščak acting director of the Slovenian Research Agency, which is in charge of disbursing funding for science, after it replaced four members of the agency's board, a move criticised by universities. The previous board had twice proposed a candidate that the government rejected.
        LJUBLJANA - A poll commissioned by Dnevnik and Večer showed the ruling Democrats (SDS) would win 18.5% of the vote in the April general election, ahead of Robert Golob's Freedom Movement, at 16.2%, and the opposition Social Democrats (SD), at 9.9%.
        MARIBOR - Philosopher Lev Kreft's remark about people being the target of politicians rather than vice versa won the Spade of the Year title, given out by the newspaper Večer for the most apt statement capturing the spirit of 2021.
        ŠKOFLJICA - A 53-year woman sustained light injures after being attacked by a brown bear in the woods in the Pijava Gorica area, south of Ljubljana, in what was the second such incident in a week after two such attacks in 2021.

SUNDAY, 30 January
        LJUBLJANA - President Borut Pahor congratulated his Italian counterpart Sergio Mattarella on being re-elected for another term in office, saying he was looking forward to their continued constructive cooperation for the benefit of the two countries. Mattarella's re-election was also hailed by Tatjana Rojc, the Italian senator who is a member of the Slovenian minority.
        LJUBLJANA - Slovenia's consolidated general government deficit, including those of the state budget, the health and pension funds and local government budgets, amounted to EUR 2.92 billion or 5.8% of GDP last year, 1.8 percentage points less than a year before, according to the Finance Ministry.

MONDAY, 31 January
        LJUBLJANA - The much criticised amendments to the penal code that could result in white-collar crimes becoming statute-barred relatively quickly were removed from the agenda of the January plenary session of the National Assembly at the request of the centre-left opposition.
        LJUBLJANA - PM Janez Janša told the National Assembly that State Prosecutor General Drago Šketa had allegedly sent a letter to Brussels demanding that Slovenia should be asked to meet certain conditions in order to be paid out EU funds, which he labelled as bordering on a coup. Šketa denied the claim.
        LJUBLJANA - Companies report that access to most sources of finance improved last year, showed the latest survey by Banka Slovenije, conducted among 1,182 companies. Around 45% of them cited limited access to qualified staff or experienced managers as the biggest constraint on business operations.
        LJUBLJANA - The Blue Bird Prize for best novel for adults that has not yet been published went to Tina Vrščaj for Na Klancu, which will be published by Cankarjeva Založba this year. Vrščaj's novel, a story about family and love, was picked as the best among 60 texts. The award comes with EUR 10,000.

TUESDAY, 1 February
        LJUBLJANA - Slovenia further restricted the use of PCR tests as a new testing protocol kicked in under which rapid antigen tests are already proof of infection. The certificate of recovery obtained in this way will only be valid in Slovenia for now. Over 23,400 new cases of coronavirus were confirmed, by far an all-time high, but this was to a large extent the result of the new testing protocol.
        LJUBLJANA - Validity of Covid-19 vaccination certificates for adults was limited to 270 days since the last prescribed full vaccination, which in most cases means from the second shot, a move in line with EU recommendations. On getting an mRNA booster, the certificate's validity is unlimited.
        LJUBLJANA - The Constitutional Court announced it had annulled rulings by two courts that rejected borrowers' request for annulment of contracts on loans in Swiss francs and for a refund of overpayments, in what is the first decision of Slovenia's top court related to issue of Swiss franc loans. The Bank Association said the decision was due to procedural reasons and thus refers to courts and not to banks.
        LJUBLJANA - Prestige Tourism, a company backed by a Hungarian fund, confirmed buying a 43% stake in Slovenian tourism company Sava from the private equity fund York pending suspensive conditions. Economy Minister Zdravko Počivalšek said he would strive for the state to exercise the pre-emptive right to the stake.
        MARIBOR - The supervisory board of postal operator Pošta Slovenije appointed Tomaž Kokot the new director general of the state-owned company. Kokot, who stepped in as Pošta Slovenije's interim director in late March 2021, was given a full term of five years after months-long efforts to appoint him. Tomaž Kostanjevec, director of the SPIRIT agency, later stepped down as a supervisor, citing personal reasons.
        LJUBLJANA - The leaders of the four centre-left opposition parties held their first formal meeting with Robert Golob, agreeing they were aspiring to the same goal, which is a change of government and the situation in the country.
        LJUBLJANA - Igor Kadunc, the director of the Slovenian Press Agency, and Uroš Urbanija, the head of the Government Communication Office (UKOM), signed a contract on financing the STA's public service in 2022. UKOM said that the total annual amount planned remained the same as in the previous two years, in the region of EUR 2 million.
        LJUBLJANA - E-vignettes were fully phased in, replacing toll stickers, which are thus no longer valid on Slovenian motorways. The former are linked to an individual vehicle's registration number and their validity is no longer tied to the duration of a calendar year.

WEDNESDAY, 2 February
        LJUBLJANA - British Secretary of State for Defence Ben Wallace met his Slovenian counterpart Matej Tonin. The pair discussed mainly the developments in Ukraine and the situation in Bosnia and Herzegovina. "A bad peace is better than a good war," said Tonin, as Wallace again called on Russia to maintain dialogue and seek a way to de-escalate the situation.
        LJUBLJANA - MPs passed an act that distributes the cost of the surge in the value of the Swiss franc in 2015 between banks and some 32,000 borrowers who saw the cost of their debt in euros increase as a result. The act had been opposed by the government and by banks, which announced a constitutional appeal.
        LJUBLJANA - The National Assembly ratified an agreement with the Organisation for Joint Armament Cooperation enabling the purchase of 45 Boxer APCs for the Slovenian military. The opposition Left then started collecting signatures for a referendum on the act, but the government is planning to challenge the initiative at the Constitutional Court.
        LJUBLJANA - Parliament passed the resolution on the general long-term programme for the development and equipping of the Slovenian Armed Forces until 2035. The procedure had been stalled due to a request from the Left for a consultative referendum, which was rejected.
        LJUBLJANA - MPs approved at second reading the amendments to the gaming act, which aim to liberalise the gaming market in Slovenia by scrapping most curbs on casino ownership and employee licensing and allow five instead of just two lottery organisers. The final vote on the changes will be held in March.
        LJUBLJANA - MPs rejected the bill on the prevention of money laundering and terrorism financing. The government argued the proposal was to improve the current system, while a major part of the opposition said it infringed the protection of personal data and included overly broad powers in relevant investigating.
        LJUBLJANA - The National Assembly rejected a report compiled by a parliamentary inquiry into alleged abuse in the prosecution of former Maribor Mayor Franc Kangler, who now serves as a state secretary at the Interior Ministry.
        LJUBLJANA - Five parties signed an agreement to jointly contest the 24 April election on the Connecting Slovenia ticket. The alliance comprises Concretely, the party of Economy Minister Zdravko Počivalšek, and the non-parliamentary People's Party, Greens, New People's Party and New Social Democrats.
        LJUBLJANA - Aleksander Zupančič, the chief-of-staff to Environment Minister Andrej Vizjak, was appointed chairman of power grid operator Elektro Ljubljana. Zupančič, who is already a supervisor at the partially state-owned energy group Petrol, will start his four-year term on 6 February.
        KLAGENFURT, Austria - Education Minister Simona Kustec and Carinthia's Governor Peter Kaiser signed a letter of intent on cooperation between the Slovenian government and the regional government of Carinthia in higher education, science and research.

THURSDAY, 3 February
        LJUBLJANA - FM Anže Logar and his Latvian counterpart Edgars Rinkevičs called for diplomatic solution to the Ukraine crisis and for the EU's unity on the issue as they addressed reporters after talks.
        LILLE, France - Interior Minister Aleš Hojs expressed opposition to France's proposal under which EU countries which do not wish to accept migrants would need to contribute financially but backed France's idea to create a Schengen Council to manage the passport-free zone as he attended a session of the EU's Justice and Home Affairs Council.
        LJUBLJANA - President Borut Pahor and his Portuguese counterpart Marcelo Rebelo de Sousa issued a joint statement, noting the good bilateral relations, on the occasion of the 30th anniversary of diplomatic relations between Slovenia and Portugal.
        LJUBLJANA - Voters quarantining on election day will be able to vote during regular hours when polling stations are open, but the final decision on those in self-isolation will be made 25 days before polling day at the latest, said the National Electoral Commission after considering after-hours voting for the infected.
        LJUBLJANA - Staff employed in critical infrastructure, police force and defence will not be required to quarantine after a high-risk contact with a person infected with coronavirus, but will have to test daily at work for seven days and wear a FFP2 face mask, under a decision taken by the government.
        LJUBLJANA - The government issued a regulation to subsidise bilinguality and the exercise of constitutional rights of the Hungarian and Italian minorities in Slovenia in 2022, under which areas populated by the two communities will get almost EUR 2 million this year.
        LJUBLJANA - Police appear to have identified the person believed to have sent death threats to several politicians in mid-January, as media reports say the suspect is a man from Celje who is a member of the National Party (SNS), whose president was among those who received the threats. The suspect's party membership was revoked.
        LJUBLJANA - The government endorsed a EUR 6.6 million subsidy for the expansion of production that pharmaceutical company Lek is planning at its main site in Ljubljana. The entire project is valued at EUR 82.6 million. The facility is to manufacture liquid vials and pre-filled syringes.
        LJUBLJANA - News broke that Telekom Slovenije, the state-owned telecoms operator, had filed a lawsuit against the country's largest commercial TV channels, POP TV and Kanal A, in a bid to nullify an agreement under which it pays the broadcasters to include the programmes in its TV package.
        LJUBLJANA - A report by multiple European and Slovenian environmental organisations shows that Slovenia's recovery plan is among those marred by underinvestment in renewable energy and sustainable mobility, and by projects that could potentially damage the environment, the environmental NGOs Focus said.

STA, 4 February 2021 - The Finance Ministry has unveiled a new draft law on cryptocurrency taxation. It proposes a 10% taxation rate and a general tax exemption on up to EUR 10,000 of redeemed cryptocurrency per year. The ministry expects public feedback by 21 February.

The proposal regulates the tax on cryptocurrencies, which are defined as a digital form of currency without an official status, issued neither by a central bank nor by another public authority.

The proposed solutions would apply to all natural persons who pay taxes in Slovenia, but not to legal persons and natural persons that hold cryptocurrencies as a business asset.

A natural person who buys and sells cryptocurrency in their own name and on their own account would not be considered to be carrying out a business activity, regardless of the number of cryptocurrency transactions carried out.

Under the proposal, the tax would be paid on the value of the cryptocurrency transactions realised in a calendar year. The exchange of cryptocurrency into fiat currency and the purchase of goods, services or other property with cryptocurrency would all count as redemption.

Meanwhile, a tax exemption would apply to a maximum of EUR 10,000 of the total amount of cryptocurrency realisations in a single calendar year.

The tax base would be determined by deducting the amount of the exemption from the sum of the value of all redemptions in a calendar year.

The resulting positive difference would then be reduced by normalised costs equal to 50% of this difference, with a tax rate of 10%.

If a person were to make a loss in a calendar year, they would have to prove this loss to the authorities and report it on their tax return.

Individuals would have to calculate the tax themselves, as the sum of the value of tax for each realisation of cryptocurrency during a calendar year. They would have to submit the data in an online tax return by 28 February for the previous year.

An individual who fails to submit a tax return or to provide adequate documentation for a set period of time could face a fine of between EUR 250 and EUR 400, while those who submit incomplete or false data could face a fine of up to EUR 5,000.

The Finance Ministry estimates that under this proposal, the state budget revenue would amount to between EUR 100,000 and EUR 500,000 per year in the first few years.

The first proposal on cryptocurrency taxation was put forward by the ministry in October last year.

At that time, the proposal also provided for a 10% tax for natural persons in the case of exchanging cryptocurrency for fiat currency and purchases made with cryptocurrency, without normalised costs.

The threshold for tax liability was set at EUR 15,000.

An alternative option offered at the time was to pay tax on the profits made, which would be the difference between the value of the cryptocurrency at the time of realisation and at the time of acquisition.

Check the date at the top of the page, and you can find all the "morning headlines" stories here. You can also follow us on Facebook and get all the news in your feed.

This summary is provided by the STA: