Finance & Economics

Results of the Q1 2016 ECB Survey of Professional Forecasters (SPF)

Respondents to the ECB’s Survey of Professional Forecasters (SPF, Q1 2016) have revised their inflations expectations for 2016 downwards by 0.3 percentage point to 0.7 percent, mainly reflecting oil price developments. Inflation is expected to pick up...

Effective Implementation of Reforms to Accelerate Inclusive and Equitable Growth in Albania

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IMF Executive Board Concludes 2015 Article IV Consultation and Third Post-Program Monitoring with Moldova

On December 16, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation and Third Post-Program Monitoring with Moldova.

IMF Executive Board Concludes 2015 Article IV Consultation with Malta

On January 6, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Malta and endorsed the staff appraisal on lapse-of-time basis.

New IMF Staff Paper Looks at How to Reap the Benefits and Curtail the Risks of Virtual Currencies

Virtual currencies (VCs) and especially their underlying technologies are a potentially important advance for the financial sector that could increase efficiency and financial inclusion, but can also serve as vehicles for money laundering, terrorism...

Global unemployment projected to rise over next two years, UN labour agency warns

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Workers in a Ready-made Garments factory in Bangladesh.

IMF Executive Board Concludes the Fourth Post-Program Monitoring with Ireland

On January 15, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Fourth Post-Program Monitoring Discussion with Ireland, and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.

IMF Executive Board Concludes 2015 Article IV Consultation Discussions with People’s Republic of China—Hong Kong Special Administrative Region

On January 11, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions with Hong Kong Special Administrative Region (SAR).

Illegal corporate tax deals: EP calls for compensation for countries that suffer

If the European Commission decides that an EU member state should recover money from a company due to infringements of tax-related state aid rules, this money should be returned not to the same member state, but to member states that have suffered an...

China: Improving District Heating to Reduce Air Pollution

China’s efforts to fight air pollution will get a boost from the World Bank through a $100 million loan for a clean heating project in Hebei Province, approved Tuesday by the Bank’s Board of Executive Directors.