Budget MEPs approve EU aid for redundant workers in Germany, Belgium and Italy
The European Globalisation Adjustment Fund contributes to packages of tailor-made services to help redundant workers find new jobs. Its annual ceiling is €150 million. Redundant workers are offered measures such as support for business start-ups, job-...
EIB provides EUR 500 million for co-financing projects with EU Structural Funds in Hungary
The European Investment Bank (EIB) is granting EUR 500 million, the first tranche of an approved loan amount of EUR 1.5 billion, to Hungary to co-finance priority projects receiving support from the European Regional Development Funds and the European...
Investment Plan for Europe goes global: China announces its contribution to #investEU
At the High Level Economic and Trade Dialogue in Beijing on 28 September, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU on investment issues in general.
La Via on the car emissions scandal: "We want a real assessment of emissions"
Volkswagen, the German car manufacturer, has acknowledged that many millions of its cars sold worldwide have been specially equipped to trick emission tests, so as to appear less polluting. In the European Parliament, the Environment committee deals...
Momentum on reforms, inclusive growth can make India the growth engine for global economy
World Bank Managing Director Sri Mulyani Indrawati, on concluding her three-day visit to India has said that the slowdown of the global economy will not stop India from becoming an economic powerhouse as long as reforms are sustained to ensure the...
Healthcare costs unsustainable in advanced economies without reform
IMF Executive Board Concludes 2015 Article IV Consultation with Namibia
On September 18, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Namibia.
World Bank Helps Romania’s Top-Performing Alba Iulia to Boost Potential to Access EUR 69 Million in EU Funds
On September 24, the city of Alba Iulia and the World Bank held a ceremony to officially conclude their year-long engagement, which helped the city to assess its long-term development plans, strategies, and projects, and ultimately, prioritize 13...
IMF Executive Board Completes Ninth Review Under the IMF's Extended Fund Facility Arrangement for Jamaica and Approves US$39.7 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) Wednesday completed the ninth review of Jamaica’s economic performance under the program supported by a four-year, SDR 615.38 million (about US$932.3 million at the time of approval)...
Indian Cities Can Take More Advantage of Urbanization for Economic Growth
Although they have made progress, India and other South Asian countries can make better utilization of opportunities that urbanization provides them to transform their economies to join the ranks of richer nations, a World Bank report released said on...
