Pensions and youth employment: EESC seeks a delicate balance
On Thursday 12 July, the European Economic and Social Committee adopted two opinions on sensitive topics that are at the heart of the debate across Europe: the future of the pension systems and employment for young people. In both cases, the Committee...
Review of the international role of the euro
The European Central Bank (ECB) publishes today its report on “The international role of the euro”, which examines developments in the use of the euro by non-euro area residents during the year 2011.
Statement by the EC, ECB, and IMF on the Review Mission to Ireland
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during 3-12 July for the seventh review of the government’s economic programme. Ireland’s policy implementation remains on...
EU aid worth €7.8 million for redundant Danish shipbuilders and Spanish builders
Over €7.8 million in EU aid to help unemployed workers in Denmark and Spain to retrain and find new work was approved by the Budgets Committee on Thursday. The money would come from the European Globalisation Adjustment Fund (EGF).
Europe in the slow lane on car efficiency standards
The European Commission has confirmed a previously agreed target of 95 grammes of CO2 per kilometre (or about 3.7 litres of fuel per 100km) for the average passenger car sold in Europe in 2020. This follows a target of 130g CO2/km in 2015, which...
Northern France Rails into INNOTRANS 2012
Statement by the EC, ECB, and IMF on the Review Mission to Ireland
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during 3-12 July for the seventh review of the government’s economic program. Ireland’s policy implementation remains on...
IMF Executive Board Completes Sixth and Seventh Reviews Under the Extended Credit Facility Arrangement for Ghana and Approves US$178.74 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) today completed the sixth and seventh reviews of Ghana’s performance under the program supported by the Extended Credit facility (ECF). In completing the reviews, the Executive Board...
World Bank Approves New Power Transmission Line between Ethiopia and Kenya to Boost Electricity and Economic Growth in East Africa
The World Bank’s Board of Executive Directors today approved the Eastern Electricity Highway Project, which will connect Ethiopia’s electrical grid with Kenya’s, create power- sharing between the two countries, reduce energy costs, promote sustainable...
World Bank to support Nigeria’s final push to eradicate polio
The World Bank’s Board has approved an International Development Association (IDA)* credit of US$95 million for the Nigeria Polio Eradication Support Project, which will help the country to achieve and sustain at least 80% polio immunization across...
