Finance & Economics

MEPs prolong and expand EU investment plan up to €500 billion

EFSI, which has helped economic recovery since 2015, was prolonged until 2020 and had more money allocated to it, in a plenary vote on Tuesday.

OSCE Mission, U.S. Embassy and EU Delegation urge Education Ministers to advance inclusive quality education across Bosnia and Herzegovina

For the first time, the OSCE Head of Mission Bruce G. Berton, United States Ambassador Maureen Cormack, and the Head of European Union Delegation and EU Special Representative Ambassador Lars-Gunnar Wigemark jointly addressed the Conference of...

Statement by Drago Kos, Chair of the OECD Working Group on Bribery, on the 20th anniversary of the OECD Anti-Bribery Convention

Corruption facilitates some of the most important global threats of our time, such as terrorism, climate change and the refugee crisis. It’s vital that we ramp up our fight to contain this threat to our economies and societies.

IMF Staff Completes 2017 Article IV Mission to Namibia

An International Monetary Fund (IMF) staff team led by Mr. Geremia Palomba, IMF Mission Chief for Namibia, visited Windhoek during November 30-December 12, 2017 to conduct the 2017 Article IV Consultation with Namibia.

Vietnam sees stronger growth momentum

Stronger domestic demand, robust export-oriented manufacturing, and a gradual recovery of the agriculture sector, are driving Vietnam’s economy, which expanded by 6.4 percent during the first nine months of the year compared to the same period last...

Lowering Risks and Reviving Growth: Lao PDR Economic Update

Continued economic growth, forecasted at 6.7 percent for 2017, can help Lao PDR further reduce poverty, which is projected to decline to 13 percent in 2017, according to the latest edition of the World Bank’s Lao Economic Monitor, released on December...

Aid for trade: Council adopts conclusions on achieving prosperity through trade and investment

On 11 December, development ministers discussed and adopted conclusions on the updated strategy on aid for trade, as presented in the Commission communication of November 2017 "Achieving prosperity through trade and investment: updating the 2007 joint...

Fiscal Consolidation is Vital for Kazakhstan’s Adjustment to the New Normal

Kazakhstan urgently needs to adopt a fiscal consolidation strategy and refocus its macro-fiscal policy to promote more diversified growth and high-quality job creation, says the World Bank in its Kazakhstan Public Finance Review. The Review aims to...

North Sea fisheries: new multiannual management plan agreed

On 7 December 2017 the Council reached a preliminary agreement with the European Parliament on a new multiannual management plan for demersal fish stocks in the North Sea. Demersal fish stocks are species that live and feed near the bottom of seas.

Tougher defence tools against unfair imports, MEPs strike deal with ministers