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Thursday, October 9, 2025

Polaris of Enlightenment

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https://nordictimes.com/europe/the-czech-republic-exempts-long-term-bitcoin-holdings-from-taxation/

Europe

The Czech Republic exempts long-term Bitcoin holdings from taxation

Published 14 December 2024
– By Editorial Staff
Under the new rules, individuals will be exempt from capital gains tax on digital assets held for at least three years.
3 minute read
Editorial Staff
editorial@nordictimes.com

The Czech Republic is introducing a tax exemption for bitcoin held for more than three years. The law, which will come into force in 2025, aims to simplify taxation and strengthen the country’s role in the crypto market.

On December 6, the Czech parliament approved a law that exempts bitcoin and other digital assets from capital gains tax, provided they are held for at least three years.

The law was passed with 169 votes and was almost unanimous. The reform is expected to simplify the taxation of digital assets and promote long-term investment.

Prime Minister Petr Fiala describes the reform as “a modernization”, and believes that the measure strengthens the country’s position in the crypto world. In particular, he highlighted the efforts of the MP and clarified the meaning of the new rules on the X platform:

“We have been pushing for better conditions for cryptocurrencies. Our MEP Jirka Havánek did a great job on this, and has been working intensively on it for 2 years.

There will now be a time test to ensure that if you hold cryptocurrencies for more than three years, their sale will not be taxed. The value test will in turn mean that you will not have to report transactions up to CZK 100,000 per year in your tax return”.

The rules also apply to previous holdings

Under the new rules, individuals will be exempt from capital gains tax on digital assets held for at least three years. Transactions below CZK 100,000 (around €4000) per year will also be exempt from reporting, benefiting both small savers and large investors.

The law will be retroactive, meaning that bitcoin and other digital assets purchased before 2025 can benefit from tax exemption if they are sold under the new rules after the law comes into force. The change aims to create stability and reduce short-term speculation in the market.

– We have taken an important step to allow crypto businesses in the Czech Republic to function and continue to develop, a government representative said at a press conference.

EU rules for the crypto market

In addition to changes for investors, the legislation also includes rules for digital asset companies. Banks in the Czech Republic will no longer be allowed to discriminate against companies working with bitcoin or other cryptocurrencies.

The reform will be harmonized with the upcoming EU regulatory framework, Markets in Crypto-Assets (MiCA), which standardizes the regulation of digital assets across the Union. MiCA will enter into force shortly and is expected to further strengthen the Czech Republic’s role as a leading player in the crypto market.

Despite the progress made, some ambiguities remain in the new law. There are no clear guidelines on how to verify long-term holdings, and digital assets are not defined in the Income Tax Act. Tax experts warn that this could lead to interpretation problems.

Editorial Staff
editorial@nordictimes.com

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https://nordictimes.com/europe/adopted-daughter-suspected-in-knife-attack-on-german-mayor/

Europe

Adopted daughter suspected in knife attack on German mayor

Deteriorating safety

Published today 10:57
– By Editorial Staff
German police are currently focusing on Stalzer's 17-year-old adopted daughter as the main suspect for the knife attack.
2 minute read
Editorial Staff
editorial@nordictimes.com

Iris Stalzer is now pointing to her 17-year-old adopted daughter as the suspect in the brutal knife attack in Stalzer’s home, according to fresh information. Police say the investigation’s focus remains on some form of family conflict and not political violence.

In the city of Herdecke in western Germany, the investigation continues after newly elected mayor Iris Stalzer (SPD) was stabbed severely in her home earlier this week.

Police and Stalzer are now pointing to her 17-year-old adopted daughter as the main suspect in the attack, reports Die Welt.

Stalzer was severely injured and received 13 stab wounds, including to her torso and lungs. After the attack, she managed to reach safety in the house where she was later found and received immediate medical care.

She is still being treated in hospital but according to reports, her condition has stabilized and she is no longer in life-threatening condition.

Iris Stalzer (SPD). Photo: Iris Stalzer/FB

Police found several suspected knives in the children’s room. They also discovered bloodstains on clothing believed to belong to the adopted daughter as well as traces of blood cleaning in the residence.

The 15-year-old adopted son remains under police investigation but is not being identified as the main suspect.

In the year before the attack, several incidents of family violence have been reported and police have been called to the family’s residence on repeated occasions.

Police now rule out a political motive behind the knife attack and see family conflicts as the main lead in the investigation.

The investigation continues intensively and the murder investigation unit in Hagen is leading the work to secure evidence and clarify motives.

German Chancellor Friedrich Merz quickly condemned the attack and expressed hope for Stalzer’s swift recovery.

Editorial Staff
editorial@nordictimes.com

https://nordictimes.com/europe/newly-elected-german-mayor-targeted-in-attempted-murder-family-member-prime-suspect/

Europe

Newly elected German mayor targeted in attempted murder – family member prime suspect

Deteriorating safety

Published yesterday 10:06
– By Editorial Staff
During the year, incidents of domestic violence have been reported in Stalzer's home, and police have previously been called to the residence due to violent incidents.
2 minute read
Editorial Staff
editorial@nordictimes.com

Iris Stalzer (SPD), newly elected mayor of the city of Herdecke in western Germany, was found yesterday in her home with life-threatening stab wounds. Police currently rule out a political motive and instead suspect the incident is connected to her family.

In Herdecke, a smaller city in the North Rhine-Westphalia region of western Germany, 57-year-old Iris Stalzer was found with multiple life-threatening stab wounds in her apartment on Tuesday.

According to information from her adoptive son, she was attacked outdoors by several men, but despite the severe injuries managed to retreat to her home. Politicians from across Germany quickly condemned the attack and expressed concern for Iris Stalzer’s health.

Police have launched a major investigation and currently rule out that the attack had a political motive, instead suspecting that the perpetrator is actually within her own family circle.

Stalzer’s two adoptive children, a 15-year-old son and a 17-year-old daughter, have been brought in for questioning and further investigation. Recent reports indicate that it is the 15-year-old adoptive son who has been arrested as the suspect for the attempted murder.

History of reported domestic violence

During the year, incidents of domestic violence have been reported at Stalzer’s home, and police have previously been called to the residence due to violent incidents.

German Chancellor Friedrich Merz has called the act a “despicable attack” and expressed hope for Stalzer’s swift recovery. He has also directed his thoughts to her family and relatives.

Stalzer belongs to the Social Democrats (SPD) and she won the mayoral election with 52.2 percent of the votes, breaking the Christian Democrats’ long rule in Herdecke. The small city of around 23,000 inhabitants has now gathered in concern over the serious attack.

This is far from the first time German politicians have been victims of violence. Historically, similar serious attacks have shaken the country and contributed to a growing debate about the safety of public representatives.

The investigation continues with forensic analyses and the murder investigation unit in the nearby city of Hagen has reportedly taken over the investigation.

Editorial Staff
editorial@nordictimes.com

https://nordictimes.com/europe/hungary-brussels-prepares-for-war-and-europeans-will-pay-the-price/

Europe

Hungary: Brussels prepares for war – and Europeans will pay the price

The new cold war

Published 2 October 2025
– By Editorial Staff
Hungarian Foreign Minister Péter Szijjártó sounds the alarm: EU leadership under Ursula von der Leyen is sacrificing Europe for Ukraine.
2 minute read
Editorial Staff
editorial@nordictimes.com

“Brussels is preparing for war and they want Europeans to pay the price”, writes Hungarian Foreign Minister Péter Szijjártó in a harsh attack against the EU’s new seven-year budget.

He warns that the union’s power holders are prioritizing Ukraine’s military over Europe’s own and very urgent problems.

In the post, published ahead of the informal EU summit in Copenhagen, Denmark, Szijjártó emphasized that Europe’s security and economic situation has deteriorated sharply as a result of failed decisions in Brussels.

“Brussels is preparing for war, and they want Europeans, including Hungarians, to pay the price. The proposed budget for the next seven years is much more about Ukraine than about the European Union itself”, wrote Szijjártó.

He described the draft as “a Ukraine budget”, focused on arming the country and keeping its state structure alive, while Europe’s own urgent needs are neglected. Instead, Brussels should address declining competitiveness, secure energy supply, and rebuild the foundations for European growth, he argued.

“But instead, the European Commission wants to send European taxpayers’ money – including Hungarians’ money – to Ukraine, to finance the Ukrainian state and military”, the minister warned.

Wants to see “patriotic shift”

Szijjártó emphasized that Hungary rejects the idea that the country’s citizens’ money should be used for war efforts.

“We don’t want Hungarian taxpayers’ money to be sent to Ukraine, we don’t want it to be spent on war, and we don’t want it to cover the arming and operation of the Ukrainian military”, Szijjártó explained further.

The minister concluded by stating that the EU can only change course if a “patriotic shift” occurs in Brussels.

“Until then, Brussels will remain committed to pro-war, pro-migration, and pro-gender policies. But we don’t want war, we don’t want migration, we don’t want gender madness, and we don’t want Hungarians’ money to be siphoned off to Ukraine”, he wrote.

The day before Szijjártó’s statement, on September 30, Hungarian Prime Minister Viktor Orbán directed harsh criticism at Polish Prime Minister Donald Tusk in a post on X.

“Dear Donald Tusk, You may think that you are at war with Russia, but Hungary is not. Neither is the European Union. You are playing a dangerous game with the lives and security of millions of Europeans. This is very bad!” Orbán emphasized.

Editorial Staff
editorial@nordictimes.com

https://nordictimes.com/europe/orban-we-feel-sorry-for-the-swedes/

Europe

Orbán: “We feel sorry for the Swedes”

Deteriorating safety

Published 18 September 2025
– By Editorial Staff
Hungarian Prime Minister Viktor Orbán has on several occasions in a short period of time highlighted Swedish politicians as a cautionary example.
2 minute read
Editorial Staff
editorial@nordictimes.com

Hungarian Prime Minister Viktor Orbán is once again attacking Sweden’s government. In a new post on X, the Hungarian leader writes that he “feel for the Swedish people – trapped in disorder while their leaders spend their time pointing fingers”.

In his Wednesday post, Orbán lists figures to show the contrast between Hungary and Sweden. Hungary reportedly had zero bombings and zero illegal migrants during 2024, while 132 people smugglers were caught and 16,000 illegal migrants were stopped.

Sweden, on the other hand, according to Orbán’s sources, had 317 gang-related explosions during 2024, with 32 in January alone. 62,000 people are connected to criminal networks, 8,935 illegal migrants, and the firearm murder rate stands at 4 per million inhabitants – compared to the EU average of 1.6.

“Safe, orderly, under control”, Orbán writes about his own country, while describing Sweden as a country where “law and order collapses”.

The Hungarian leader also quotes Swedish Prime Minister Ulf Kristersson, who earlier this year admitted “that we don’t have control over the wave of violence is quite obvious”.

“Yet they lecture us about the rule of law,” Orbán writes, concluding with the words: “This chaos must not become Europe’s future, our people deserve better!”

Ongoing war of words

Orbán’s latest statement is a continuation of the war of words between him and the Moderate Party-led Swedish government. As recently as last weekend, the Hungarian prime minister attacked crime developments in Sweden and Swedish authorities’ inability to act, claiming among other things that “this is how a country collapses” and that “what remains is barbarism”.

During the political event, Orbán claimed that 284 underage girls had been arrested for murder in Sweden. However, the claim was incorrect – according to his source, German newspaper Welt, it concerned 284 girls between 15 and 17 years old who were investigated for various types of violent crimes, not just murder.

The Hungarian leader argued that this development had been ongoing for fifteen years under different Swedish governments and that politicians had “relegated the country outside European civilization”.

— By the way, these are the Swedes who lecture us about the rule of law, he added as a final jab, referring to how the Kristersson government has directed harsh criticism at what it considers Hungary’s democratic backsliding and restrictions on LGBTQ rights and other civil liberties.

Editorial Staff
editorial@nordictimes.com

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