Finance & Economics

Lessons learnt: how troubled countries should be saved in future

The bail-outs in eurozone countries are managed by a group of international lenders called the Troika, made up of representatives of the European Commission, European Central Bank and the International Monetary Fund. A report by the economic committee...

MEPs lay out final offer on bank single resolution mechanism

The lead MEPs in charge for the second pillar of banking union, the single resolution mechanism, have begun preparing texts for Parliament’s April plenary vote.

Egypt: World Bank Group Launches Consultations with Partners for New Country Strategy

The World Bank Group (WBG) launched the preparation for a new partnership strategy with Egypt, which will guide the Group’s engagement in the country for the next five years.

OECD annual inflation increases slightly to 1.7% in January 2014

Consumer prices, selected areas
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January 2014, percentage change on the same month of the previous year

The IMF Mission at the Conclusion of a Staff Visit to Vanuatu

An International Monetary Fund (IMF) mission led by Mr. Vladimir Klyuev visited Port Vila, Vanuatu, during February 23 – March 4, 2014 to discuss the economic outlook and policies with the authorities, private sector representatives, and development...

Budgets Committee approves aid for redundant textile workers in Spain

Unemployed textile workers in Spain’s Valenciana region could get European Globalisation Adjustment Fund (EGF) aid worth €840,000 to help them find new jobs under plans approved by Parliament's Budgets Committee on Tuesday. The aid still has to be...

EU has to pay its humanitarian aid bills, said budget MEPs

The EU must honour its promises to pay humanitarian aid bills by all possible means and make full use of the budget flexibility secured by Parliament, said speakers during a debate on Tuesday in the budgets committee on the funding difficulties...

Lao PDR Economic Monitor: January 2014 - Managing Risks for Macroeconomic Stability

The World Bank’s latest Lao PDR Economic Monitor, released, highlights the challenges and risks associated with accommodative macroeconomic policies while acknowledging still strong growth in recent years. Economic growth is projected at 7.2% in 2014...

Cambodian Political Talks Open With Election Finance Deal

Cambodia’s main parties have opened talks to end their longstanding political deadlock, with an agreement to create a law governing the regulation of financing for political parties

Constitutional reform must be top priority for Turkey, say MEPs

Foreign affairs MEPs express deep concern at the recent developments in Turkey concerning allegations of high-level corruption and stress that constitutional reform must remain the top priority for the modernisation and democratisation of Turkey, in a...