First European Central Bank report on card fraud shows chips have increased the security of physical transactions
The European Central Bank (ECB) has published its first report on card fraud. The report was compiled by the Eurosystem, i.e. the ECB and the 17 national central banks of the euro area. Its main findings are that card fraud has been on a declining...
IMF Executive Board Completes First Review Under the Extended Credit Facility Arrangement for Burundi and Approves US$6 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) today completed the first review of Burundi’s performance under the program supported by the Extended Credit Facility (ECF). In completing the review, the Executive Board approved a...
Mergers: Commission approves acquisition of French automotive supplier FDI's motorised vehicles business by rival Delphi
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the motorised vehicles business of FCI S.A. (FCI MVL) of France by Delphi Holding Luxembourg Sarl of Luxembourg. Both parties produce connectors used in...
Emerging Arab democracies face tough economic challenges
Countries in the southern and eastern Mediterranean, in which the EBRD is planning to invest this year, are continuing to face serious macroeconomic challenges amid a climate of increasing uncertainty.
Faithful Tax Policy Action Guide Urges Lawmakers to Consider Tax Revenues in Deficit Reduction Efforts
Bread for the World now features a new Faithful Tax Policy action...
Sudan Rejects South Sudan Oil Offer
Sudan is giving a cool response to several South Sudanese proposals aimed at rejuvenating peace talks and oil production. Khartoum wants to settle security issues before considering Juba's offers.
New Eurozone Focus: Spain's Debt, Economy
The debt-ridden Spanish government and the country's troubled economy are the newest face of the European debt crisis.
tock markets across Asia, Europe and the United States plunged on Monday on fears that Madrid will need an international...
Greek PM: Country's Plight Like US Great Depression
Greek Prime Minister Antonis Samaras says his country is facing economic upheaval like that of the devastating U.S. Great Depression of the 1930s.
European Central Bank tightens rules for Greek banks
The European Central Bank (ECB) is putting pressure on Greece. They will accept from next Wednesday for the time being no more Greek government bonds as collateral in its refinancing operations, said the central bank on Friday. This means that Greek...
Residential Rental Yields In Singapore Property Market Holding Their Ground
