Finance & Economics

Single bank resolution mechanism and fund: Key principles for successful negotiations

Member States must seize the opportunity of this week's ECOFIN to allow real negotiations to begin with Parliament on the single bank resolution mechanism, including the single fund. The lead MEPs have highlighted their key criteria to ministers...

IMF Executive Board Completes Third Review Under The ECF Arrangement for Guinea and Approves US$28 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the third review of Guinea’s economic performance under the program supported by an Extended Credit Facility arrangement (ECF).

OECD delivers new single global standard on automatic exchange of information

Offshore tax evasion remains a serious problem for countries and jurisdictions worldwide, with vast amounts of funds deposited abroad and sheltered from taxation when taxpayers fail to comply with obligations in their home countries.

Food Price Hikes May Affect Those With Type 2 Diabetes

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The €63 billion app boom. Nearly 5 million jobs in European app sector by 2018, says EU report

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More British young people want to be engineers after their government and industry efforts to showcase exciting careers

A BIS-commissioned survey has found that the number of 11-14 year olds thinking about working in engineering has jumped by six per cent. Significantly, the survey showed a six per cent rise in the number of girls saying they would consider an...

US trade talks: MEPs call for keeping cautionary approach to new products

The EU has always tended to be more cautious about approving new products than the US, which is why the two regions have clashed over issues such as GMOs and hormones in beef. Now that they are negotiating an ambitious free-trade agreement, the...

Troika: MEPs call for a jobs and social recovery plan

Growing unemployment - especially among the young, leading to their emigration – the loss of small firms and rising poverty rates, even among the middle class, are the key impacts of the economic crisis and adjustment measures designed by the ECB/EU...

World Bank Group Launches 2014 Development Marketplace in India

The World Bank Group announced the launch of the 2014 India Development Marketplace (DM) call for proposals so that organizations in India can access overall funding of over $1 million for implementing innovative service delivery approaches in the...

The Conclusion of an IMF Staff Mission to Jamaica

An International Monetary Fund (IMF) mission visited Jamaica during February 5-13, 2014 to conduct discussions on the third review of Jamaica’s IMF-supported program under the Extended Fund Facility (EFF).