Finance & Economics

IMF Executive Board Completes Second Review Under the ECF Arrangement for Grenada, and Approves US$2.8 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) Monday completed the second review of Grenada’s economic performance under a three-year program supported by an arrangement under the Extended Credit Facility (ECF). The completion of the...

IMF Staff Concludes Visit to Sudan

An IMF team led by Mr. Eric Mottu visited Khartoum from June 14-25 to discuss economic and policy developments.

TTIP: MEPs pave way for plenary vote by retabling June amendments

International Trade Committee MEPs on Monday paved the way for a plenary vote on the European Parliament’s draft recommendations for Transatlantic Trade and investment partnership (TTIP) negotiators, by retabling the June plenary amendments which had...

UN agency for Palestine refugees announces staff reductions amid funding shortfall

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UNRWA distributes life-saving assistance to displaced civilians from Yarmouk in Yalda, Syria.

EU trade with China significantly up in 2014 for both goods and services

Except for the drop recorded in 2009 following the financial crisis, the value of European Union (EU) imports of goods from China has significantly increased over the last decade, from €129.2 bn in 2004 to a peak of €302.5 bn in 2014. Exports, which...

5 Presidents Report: Stability and trust, cement for Europe's EMU

The European Economic and Social Committee (EESC) welcomes the endorsement made on June 26 by the Heads of State or government at the European Council of the so-called 5 Presidents' Report on "Completing Europe's Economic and Monetary Union"....

Energy taxes misaligned with environmental impacts of energy use

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Schulz on need for Greece agreement: “We are called upon to carefully weigh the risks”

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Martin Schulz

MIGA Supports Banking Sector in Albania, Belarus, Bosnia and Herzegovina, Kosovo, and Serbia

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, announced that it is providing guarantees to support ongoing lending to the real economy by Raffeisen Bank...

New World Bank Group Report Says Poland’s Cities Are Business-Friendly, but Room for Improvement Remains

A new report by the World Bank Group compares business regulations affecting domestic firms in Poland and finds that good regulatory practices exist across many of the cities measured. The report highlights that sharing of local good practices among...