Finance & Economics | WPN World People News

The EU must honour its promises to pay humanitarian aid bills by all possible means and make full use of the budget flexibility secured by Parliament, said speakers during a debate on Tuesday in the budgets committee on the funding difficulties affecting EU humanitarian aid.

The World Bank’s latest Lao PDR Economic Monitor, released, highlights the challenges and risks associated with accommodative macroeconomic policies while acknowledging still strong growth in recent years. Economic growth is projected at 7.2% in 2014 with a small projected slowdown in some sectors such as mining and construction. It also has a special section on the current conditions of school based management in Lao PDR.

Cambodia’s main parties have opened talks to end their longstanding political deadlock, with an agreement to create a law governing the regulation of financing for political parties

Foreign affairs MEPs express deep concern at the recent developments in Turkey concerning allegations of high-level corruption and stress that constitutional reform must remain the top priority for the modernisation and democratisation of Turkey, in a resolution passed on Monday on Turkey's progress in 2013 towards EU accession.

Failing banks still need a “strong and swift” EU decision-making system, and the European Central Bank Supervisor alone should decide when they are in danger of becoming unviable, ECB President Mario Draghi told the Economic and Monetary Affairs Committee on Monday.

More than 400,000 residents and millions of tourists coming to the imperial city of Cusco will benefit from the US$120 million Transportation Improvement Project (METRA, in Spanish) approved by the World Bank Board of Executive Directors.

Merchandise trade in US$ billion
G7 and BRICS
Seasonally adjusted data at current prices and exchange rates

At its Plenary Session, European Economic and Social Committee (EESC) discussed effective Roma inclusion strategies in the Member States with the Hungarian Minister for Human Resources Zoltan Balog.