Finance & Economics

Budget problems: EU programmes in jeopardy again

The EU must stop rolling over its growing portfolio of unpaid bills from one year to the next, said MEPs in Wednesday’s debate on the alarming shortage of funds for payments due in 2014. Unless a satisfactory solution is found, programmes such as...

IMF Announces Staff-Level Agreement with Tunisia on the Fourth Review of the Stand-By Arrangement

A mission from the International Monetary Fund (IMF), led by Mr. Amine Mati, visited Tunis during June 10–24, 2014 to conduct discussions on the fourth review of Tunisia’s economic performance under the 24-month Stand-By Arrangement (SBA) approved by...

Statement at the Conclusion of an IMF Mission to Malawi

A team from the International Monetary Fund (IMF), led by Mr. Tsidi Tsikata, visited Lilongwe from July 7 to 15, 2014 to review recent economic developments, discuss the Government’s policy priorities, and assist with the development of the broad...

IMF Concludes Mission on the 2014 Article IV Consultation with the Republic of Angola

An International Monetary Fund (IMF) mission led by Ricardo Velloso, visited Luanda from July 1–14, 2014, to conduct discussions for the 2014 Article IV consultation.

MEPs quiz Draghi on growth, unemployment and structural reforms

The way out of debt is through growth, not spending; European Central Bank President Margo Draghi told Economic and Monetary Affairs Committee MEPs on Monday evening, in the first Monetary Dialogue session since the European elections. The ECB will...

IMF Board Completes Final Review Under SBA for St. Kitts and Nevis, Approves US$4.5 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) on July 11 completed the ninth and final review of St. Kitts and Nevis’ economic performance under a program supported by a 36-month Stand-By Arrangement (SBA).

European Commission to tackle unfair practices in the food supply chain

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Online gambling: European Commission recommends principles to ensure effective protection of consumers

The European Commission has adopted a Recommendation on online gambling services. It encourages Member States to pursue a high level of protection for consumers, players and minors through the adoption of principles for online gambling services and...

WTO: US Duties on Chinese Goods Unfair

The World Trade Organization has ruled the United States was wrong to impose punitive duties on a wide range of Chinese goods, in a decision that could have long-term impacts.

Data shows slight decline in number of bank branches in most EU countries

The European Central Bank (ECB) is publishing a comprehensive dataset of annual structural financial indicators for the banking sector in the European Union (EU). It comprises statistics on the number of branches and employees of EU credit...