World Bank Cuts 2016 Global Growth Forecast to 2.4 percent
The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing...
MEPs to debate if €315 billion investment plan for Europe is delivering
MEPs debate on Wednesday morning whether the EU's €315 billion investment plan to fuel Europe's economic recovery by mobilising public and private investment is delivering. According to the European Commission, the first year of the European Fund for...
Europe is underachieving in the global competition for talent
The European Union should reform its legal labour migration policies to get its fair share of the global talent pool, according to a new report published by the OECD.
IMF Executive Board Completes Sixth PSI Review for Uganda and Approves One-Year Extension of the Program
The Executive Board of the International Monetary Fund completed the sixth review of Uganda’s economic performance under the program supported by the Policy Support Instrument (PSI), on 6 June.
World Bank Commits Half a Billion Dollars to Provide Social Assistance to Nigeria’s Poorest
In Nigeria, up to five million people, among the poorest and most vulnerable, will get access to social safety nets by 2021 through a $500 million International Development Association (IDA) credit approved by the World Bank Group’s Board of Executive...
Parliament calls for EU action to help farmers fight unfair trading practices
MEPs urge the EU Commission to put forward proposals against unfair trading practices in the food supply chain, so as to ensure fair earnings for farmers and a wide choice for consumers, in a resolution voted on Tuesday. The aim should be to ensure...
Czech Republic needs new reforms to boost productivity and accelerate convergence with the most advanced countries
The Czech Republic needs new reforms to boost productivity, improve economic growth and accelerate convergence toward the levels of income and well-being seen in the most advanced European countries, according to a new OECD report.
April 2016 compared with March 2016 Volume of retail trade stable in euro area Up by 0.5% in EU28
A European agenda for the collaborative economy
The European Commission presented guidance aimed at supporting consumers, businesses and public authorities to engage confidently in the collaborative economy on 2 June.
Supporting Innovative Polish Companies Will Help Sustain Growth, Says World Bank
Poland’s small and medium sized companies (SMEs) have substantial innovation potential. Identifying the needs and strengths of these companies and uncovering the leaders should help ensure that their innovation and entrepreneurial potential is fully...
