December 2013: Euro area annual inflation down to 0.8% - EU stable at 1%
Euro area annual inflation was 0.8% in December 2013, down from 0.9% in November. A year earlier the rate was 2.2%. Monthly inflation was 0.3% in December 2013.
World Bank and Russia Sign Loan Agreement for the Second National Hydromet System Modernization Project
A Loan Agreement for the Second National Hydromet System Modernization Project (Roshydromet-2), financed by an IBRD loan, has been signed by Alexander Frolov, Head of the Federal Service on Hydrometeorology and Environmental Monitoring of the...
IMF Completes First Review Under the Policy Support Instrument for Mozambique
The Executive Board of the International Monetary Fund (IMF) has completed the first review under the three-year Policy Support Instrument (PSI) for the Republic of Mozambique. The PSI for Mozambique was approved in June 2013. The Board's decision was...
World Bank supports doubling Water Availability in Durres region
Vienna Initiative sets priorities for 2014
Promote an all-inclusive Banking Union, with a special focus on non-EU members in the Southeastern European (SEE) region. Given the Euro area banks’ systemic importance in these countries, and with most countries on the path to EU membership already,...
EU citizenship should not be for sale at any price, says European Parliament
EU citizenship must not have a "price tag" attached to it, says the European Parliament in a resolution voted on Thursday. MEPs are concerned about schemes established by various EU member states and in particular Malta, which result in the sale of...
World Bank Provides $410 Million to Improve Basic Urban Services Benefitting Over 3 Million People in Bangladesh
The World Bank approved $410 million to improve municipal governance and basic urban services in district towns and municipalities in Bangladesh and benefit 3.4 million people in around 100 urban communities across the country.
Russian economy growing but further reforms needed, says OECD
OECD Secretary-General Angel Gurría and Igor Shuvalov, First Deputy Prime Minister of Russia
Global Economy at Turning Point, Says World Bank
The world economy is projected to strengthen this year, with growth picking up in developing countries and high-income economies appearing to be finally turning the corner five years after the global financial crisis, says the World Bank’s newly-...
Plastic waste: Parliament sounds the alarm
The most hazardous plastics and certain plastic bags should be banned by 2020, as part of an EU strategy to reduce plastic waste in the environment, says the European Parliament in a resolution voted on Tuesday. The EU should also introduce binding...
