Finance & Economics

US dollar liquidity-providing operations as of 1 February 2014

The Governing Council of the European Central Bank, in cooperation with the Bank of England, the Bank of Japan and the Swiss National Bank, has decided on the future conduct of US dollar liquidity-providing operations.

French capital should prepare now for risk of a costly Seine flood

A major flooding of the Seine River similar to the flood disaster of 1910 could affect up to 5 million residents in the greater Paris area and cause up to 30 billion euros worth of damage, according to a new OECD report. Economic growth, jobs and...

World Bank Statement on Proposed Lukovo Pole Hydropower Project

In 2011, at the request of the Government of FYR Macedonia, the World Bank agreed to consider support for the proposed Lukovo Pole Hydropower Project. The proposed project aims to increase FYR Macedonia’s reliance on renewable energy and improve water...

More than Half a Million Jamaicans to Find a PATH to New Opportunities

The World Bank’s Board of Directors approved US$40 million in additional funding to strengthen Jamaica’s largest safety net program, already reaching more than 400,000 vulnerable people. The funding will enhance the effectiveness of the Program of...

IMF Executive Board Reports to the Board of Governors on the 2010 Reforms and the Fifteenth General Review of Quotas

The Executive Board of the International Monetary Fund (IMF) adopted on January 22, 2014, a report to the Board of Governors—the IMF’s highest decision-making body —on the 2010 Reforms and the Fifteenth General Review of Quotas.

ReACT Rome : for quality of life, it is the basics that count most

Romans have always known how to enjoy life, in good times and bad. Τhis is also why the European Parliament decided to host in Rome its ReACT event on Quality of Life, one of five held throughout Europe on different themes ahead of the May 2014...

World Bank Group Announces US$100 Million in Crisis Response for the Central African Republic

The World Bank Group announced that it will mobilize US$100 million in emergency development funds to help restore key government services and provide much-needed food, healthcare, and other vital supplies for the people of the Central Africa Republic...

Parliamentarians call for more legitimacy in economic policy-making in the EU

20140122PHT33415_original_0.jpg
Interparliamentary Conference on Economic Governance of the European Union: On the podium,...

Switzerland needs to improve its approach to mental-health issues in the labour force, says OECD

Switzerland needs to do more to help people with mental disorders find a job or stay in work, according to a new OECD report.

Turkey’s Recent Ability to Create Jobs Stands Out in International Comparison, but the Challenge is to Sustain this Performance

The Ministry of Labor, The Ministry of Development and the World Bank launched a new joint report on “Good Jobs in Turkey”, and presented the Bank’s recent regional report “Back to Work: Growing with Jobs in Europe and Central Asia”.