KYIV, Sept 16 - Raising taxes to balance the budget is categorically unacceptable for businesses, the European Business Association (EBA) said in a press release.

"From open sources, the European Business Association received the text of the draft amendments to the Tax Code, which does provide for an increase in the tax burden on business, but we hope it was just a bad joke," EBA Deputy Director for Advocacy Svitlana Mykhailovska said.