Finance & Economics

Global growth continuing at a moderate pace, OECD says

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Rintaro Tamaki, Deputy Secretary- General of the OECD.

Additional US$3 Million Grant to Improve the Quality of Higher Education in Yemen

The World Bank Group’s Board of Executive Directors approved an additional US$3 million grant to support the government of Yemen’s efforts to boost the employability of college graduates. The grant will supplement an ongoing project focused on the quality of university programs, and their effectiveness in equipping students with the skills needed by the labor market.

Import ban: how Russian measures are affecting European companies

European companies are still reeling from the impact of a Russian import ban on EU, US, Canadian, Australian, and Norwegian products such as meat, fruit and vegetables. Russia introduced the ban on 7 August in retaliation to EU measures triggered by the Ukrainian crisis and the downing of the Malaysia Airlines MH17 plane. MEPs will debate the impact on Monday 15 September. Check out our map to see which countries will be affected the most and follow the debate live from 17.00 CET.

Budgets Committee approves aid for redundant Romanian, Dutch and Greek workers

Redundant workers in the building industry in two Dutch regions, at a Greek bakery, and at a steel producer in Romania would receive European Globalisation Adjustment Fund aid to help them find new jobs under plans approved by the Parliament's Budgets Committee on Thursday. The aid still has to be approved by Parliament as a whole and the Council of Ministers.

G20 GDP Growth - Second quarter of 2014, OECD

G20 GDP growth picks up to 0.8% in second quarter of 2014

Quarterly GDP in volume terms for the G20
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Percentage change on the previous quarter, seasonally adjusted data

EU Imposes New Sanctions on Russia

The European Union has imposed a new package of economic sanctions against Russia because of its actions in Ukraine.

World Bank to Impact the Lives of 65,000 in Alba Iulia With Long-term City Development

The City Manager and Vice-Mayor of Alba Iulia Municipality, Nicolaie Moldovan and Voicu Paul, and the World Bank Country Manager for Romania, Elisabetta Capannelli, launched a technical assistance project for assessing Alba Iulia’s long-term plans, strategies, and projects for the 2014-2020 programming period.

Instability and Fragmentation Continue to Constrain Private Sector Growth in the Palestinian Territories

Private sector is a key driver for economic growth and job creation but Palestinian enterprises have remained hostage to political instability, unresolved conflict, and continued restrictions on movement, access, and trade.

International trade statistics: trends in second quarter 2014

Merchandise trade broadly stable in Q2 2014, with diverging patterns across major economies

Merchandise trade in US$ billion
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Seasonally adjusted data at current prices and exchange rates

Foreign affairs MEPs recommend EP consent to EU-Ukraine association deal

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The rapporteur Jacek Saryusz-Wolski (EPP, PL) after the vote