MEPs say EU has duty to shield eastern neighbours from Russian pressure
The EU´s duty is to shield its eastern neighbours from Russian pressure, said MEPs in a debate with the Commission on Monday, referring to Russia´s ´blackmail´ of Ukraine, Moldova and Georgia ahead of the Vilnius Eastern Partnership summit. At the...
IMF Executive Board Approves Three-Year, US$95.9 Million ECF Arrangement for Sierra-Leone
The Executive Board of the International Monetary Fund (IMF) approved a three-year arrangement under the Extended Credit Facility (ECF) for Sierra Leone in an amount equivalent to SDR 62.22 million (about US$95.9 million). The overall amount of the...
Jobs Wanted: Youth in Southeast Europe
The World Bank, in collaboration with the Austrian Ministry of Finance, the Vienna Institute for International Economic Studies, and the Global Development Network, held a high-level policy dialogue on ‘Youth Employment in Southeast Europe’.
IMF Executive Board Concludes 2013 Article IV Consultation with Suriname
Suriname’s macroeconomic performance has strengthened markedly over the past decade. Since 2000, stronger policies and buoyant commodity prices, supported by political stability, have helped improve macroeconomic performance, enabling Suriname to...
IMF Approves Unification of Discount Rates used in External Debt Analysis for Low-Income Countries
The Executive Board of the International Monetary Fund (IMF) approved the proposed Unification of Discount Rates Used in External Debt Analysis for Low-Income Countries.
Big Bank to be Penalized Big Dollars
The largest bank in the United States has tentatively agreed to pay $13 billion in fines, penalties and consumer relief to settle several investigations into bad mortgage loans it allegedly made.
Nigeria Tech Schools Join University Strike
As Nigeria’s university lecturers continue a nearly four-month-old nationwide strike, teachers at technical schools across the country have joined the fray, saying they won’t teach again until their demands are met.
World Bank Supports Reconstruction and Livelihoods Recovery in Samoa
The World Bank’s Board of Executive Directors approved two grants totaling US$25 million to the Government of Samoa to help rebuild critical roads and bridges and to restore agricultural and fishery livelihoods for thousands of subsistence farmers...
EU best placed to regulate banks, says Eurobarometer poll
Over half of EU citizens feel that banks should be regulated by the EU, rather than national governments. Half also believe that they would be better protected against the economic crisis if their countries coordinated anti-crisis measures with other...
Experts Skeptical Congress Will Be Able to Resolve Budget Differences
The U.S. government is open for business again after budget bickering in Congress closed many government operations for 16 days. But the budget deal is just temporary. Congress has set up a group to quickly forge a broad, long-term budget agreement...
