Finance & Economics

Costa Rica First to Negotiate Sale of Forestry Carbon Credits

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GAFSP Set To Reach More Than 10 Million Farmers across 25 Countries

Partners in the Global Agriculture and Food Security Program (GAFSP), a multi-donor trust fund established in 2010 to improve food security in the world’s poorest countries, announced the allocation of $254.5 million in grants to eight countries. The...

Parliament demands tougher rules to save the European eel stock

"The eel is critically endangered and the member states are doing too little to save it. That is why the European Parliament calls on the Commission to present a new legislative proposal aimed at the recovery of European eel. The new law must close...

ICTs are creating new jobs and making labor markets more innovative, inclusive, and global – World Bank study

Information and communication technologies (ICTs) are transforming the world of work, creating new job opportunities and making labor markets more innovative, inclusive, and global, says a new policy note released by the World Bank.

Youth unemployment: ensure good quality traineeships, say MEPs

"Youth guarantee" schemes alone will not suffice to reduce youth unemployment, MEPs warn. They call for further measures to make it easier for young people to move to jobs or training, and EU support and quality standards for traineeships and...

Mortgages: “The new rules will make irresponsible lending more difficult”

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WB/Colombia: Support for Fiscal Sustainability to Promote Shared Prosperity

The World Bank Board of Directors approved a US$600 million loan to strengthen Colombia’s fiscal capacity. This Development Policy Loan (DPL) was designed to support the Colombian administration’s budgetary program and improve equity in the country....

Greece in line for more help, Dijsselbloem tells MEPs

It is "realistic to assume that additional support will be required for Greece beyond the programme", Eurogroup President Jeroen Dijsselbloem told the Economic and Monetary Affairs Committee. But it is too early to speculate on the exact details, he...

High Logistics Costs Impede Higher Economic Growth For Indonesia, Says Joint Report

High logistics costs are a serious impediment to higher economic growth for Indonesia, according to a report launched by Bandung’s Institute of Technology in West Java, in partnership with the World Bank.

Public procurement package: getting the best value for money

Public authorities will have more scope to decide how best to spend taxpayers' money on public works, goods or services thanks to new EU rules formally endorsed by the Internal Market Committee. Rather than force authorities to accept the lowest bid,...