Finance & Economics

Signs Indicate Europe Economic Crisis May Be Ending

There are signs that Europe’s economy may finally be starting to recover from years of recession and slow growth that have left millions unemployed and hampered the global economy. But experts say it’s too early to plan celebrations.

The World Bank’s Director for Central Europe and the Baltic States visits Bulgaria to discuss their knowledge partnership

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Ms. Mamta Murthi met with high level officials, taking stock of 20+ years of partnership with...

World Bank Announces a US$5million Grant for Social Services

The World Bank Board of Executive Directors approved additional financing of US$5 million to an ongoing project to support Palestinian non-governmental organizations (NGOs) in delivering social services. The World Bank Group development program for...

Dominican Republic: Voz Eléctrica Empowers Consumers to achieve more efficient electrical service

To respond to the ongoing energy crisis in the Dominican Republic, Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE), eight civil society organizations with support from the World Bank launched a national pilot program called Voz...

Obama Offers Corporate Tax Cuts Linked to Jobs

U.S. President Barack Obama is proposing a compromise to help break a deadlock with opposition Republicans over his economic plans.

Open for Public Comments: Finalists’ Proposals for Grants on Social Accountability initiatives

In February 2013, the Global Partnership for Social Accountability (GPSA) launched its first Call for Proposals on Social Accountability for Civil Society Organizations (CSOs) in 12 countries to win grants ranging from US$ 500,000 - US$ 1,000,000.

World Bank Group Launches New Partnership Strategy for the Kyrgyz Republic

The World Bank’s Board of Executive Directors discussed a new Country Partnership Strategy (CPS) for the Kyrgyz Republic that will guide the support of the World Bank and International Finance Corporation (IFC) to the country in 2013-2017.

Bread for the World Slams House Version of State and Foreign Operations Appropriations Bill

Bread for the World strongly opposes the 2014 State and Foreign Operations Appropriations bill approved by the House Appropriations Committee.

Commissioner De Gucht: “We found an amicable solution in the EU-China solar panels case that will lead to a new market equilibrium at sustainable prices”

After weeks of intensive talks, I can announce that I am satisfied with the offer of a price undertaking submitted by China’s solar panel exporters, as foreseen by the EU’s trade defence legislation. This is the amicable solution that both the EU and...

IMF Executive Board Concludes 2013 Article IV Consultation with the United States

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United States.