Finance & Economics

Parliament approves EU’s 2014 budget and plugs 2013 payment gaps

The European Parliament approved the EU’s budget for 2014 on Wednesday. This budget is the result of the deal struck with the Council in last week’s negotiations. For payments €500 million were added to the 2014 budget, bringing the total compared to...

Global economy recovering at moderate pace but more risks ahead, says OECD

The global economy is expected to continue expanding at a moderate pace over the coming two years, but policymakers must ensure that instability in financial markets and underlying fragility in some major economies are not allowed to derail growth,...

IMF Mission Concludes Visit to Bolivia

“Since the mid-2000s, Bolivia's macroeconomic performance has been very strong. Macroeconomic stability and social policies have contributed to a significant increase in average personal incomes and have helped to reduce poverty and income inequality...

Globally, Tax Rate Policies Vary As Economies Continue to Reform Tax Compliance Systems

Economies around the world are adopting a range of policies as they strive to strike a balance between raising tax revenues and encouraging growth, according to a new report from the World Bank Group and PwC. This year, 14 economies significantly...

EU regional policy: boosting your local economy

20131118PHT25550_original_0.jpg
Cerdanya Hospital in Spain - a project co-financed by the European Union

Statement by an IMF Mission to the Bahamas

“Economic activity continues to recover from the crisis at a slow pace. Real Gross Domestic Product (GDP) growth is projected at 1.9 percent in 2013, marginally higher than 2012. A reduction in stopover tourist arrivals and the completion of major...

IMF Concludes 2013 Article IV Mission to Cambodia

“Economic activity remains strong driven by robust garment exports, tourism, and construction, despite a tepid global recovery. GDP growth is projected at 7 percent in 2013 due to recent floods and a temporary slowdown during the election period

Report on the results of the survey on the access to finance of SMEs in the euro area – April to September 2013

The European Central Bank (ECB) is publishing its ninth report on the results of the “Survey on the access to finance of small and medium-sized enterprises (SMEs) in the euro area”. This survey round was conducted between 28 August and 4 October 2013...

The €275 billion challenge: the stakes of the EU's free trade negotiations

20131115PHT24704_width_600_0_0.jpg
Find out the facts about international trade agreements in our infographic.

Obama's Efforts to Fix Health Care Draws Mixed Reviews

U.S. President Barack Obama is taking steps to correct problems that have plagued his health care reform program since its launch in October. There is debate over whether the president has made enough changes to the program to quell discontent.