Remittances to Developing Countries Expected to Grow at Weak Pace in 2016 and Beyond
Amid a backdrop of weak global growth, remittances to developing countries are expected to increase only slightly in 2016, says the World Bank’s latest paper on Migration and Development.
EU leaders urged to take a firm stance on Russia, trade deals and Brexit talks
European Parliament debate on the preparation of the European Council meeting of 20 and 21...
OECD and European Commission launch project to support Greece’s Anti-Corruption Action Plan
The OECD and the Greek Government, with the support of the European Commission, launched a collaboration project to strengthen Greece’s action plan to fight corruption, on October 5.
Service Sector Reforms Could Boost EU, Including Croatia’s Productivity by Average of 5%, Says World Bank
While EU growth is projected to remain low, with limited scope for quick policy fixes, a new World Bank report says reforming the service sector could significantly boost incomes and convergence. The World Bank EU Regular Economic Report (EU RER)...
OECD annual inflation edges up to 0.9% in August 2016
IMF Executive Board Concludes 2016 Article IV Consultation with the Federal Democratic Republic of Ethiopia
On September 26, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Ethiopia.
Ethiopia’s macroeconomic outturn during the past year 2015/16 has been adversely affected by a severe...
MEPs approve €9.3m in EU aid for redundant workers in Sweden and Finland
The European Commission has proposed to give Finland €5,364,000 from the European Globalisation Adjustment Fund (EGF) to help 1,441 former workers at Microsoft and 8 of its suppliers and downstream producers to find new jobs. The main reason for the...
IMF Executive Board Concludes 2016 Article IV Consultation with Tuvalu
On September 12, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Tuvalu.
The macroeconomic outlook is stable. Real GDP growth in 2015 is estimated at 2.6 percent and is projected to...
IMF Executive Board Concludes 2016 Article IV Consultation with Sudan
On September 7, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Sudan.
Vietnam’s Economy Shows Resilience Amidst Global Slowdown; Stable Growth Outlook for East Asia and Pacific in 2016-18, says World Bank
Growth in developing East Asia and Pacific is expected to remain resilient over the next three years, according to a new World Bank report.
