Government of India and World Bank sign agreement for $43 million Partial Risk Sharing Facility for Energy Efficiency Project.
The World Bank and the Government of India signed a $43 million grant and guarantee agreement towards the Partial Risk Sharing Facility for Energy Efficiency (PRSF) project on March 31, that will help enterprises and Energy Service Companies (ESCOs)...
Economic affairs MEPs target conflicts of interest in benchmark setting
A draft EU law to make the benchmarks used to price EU citizens’ mortgages, loans and bonds more trustworthy was backed by the Economic and Monetary Affairs Committee on Tuesday. The text (lead MEP Cora van Nieuwenhuizen, ALDE, NL) aims to clean up...
Swedish economy resilient but needs to focus on productivity and human capital to keep its edge
EP this week: tax evasion, Libor scandal, Nato and counter-terrorism
MEPs have another busy week ahead of them.
IMF Executive Board Completes Seventh Review Under the IMF's Extended Fund Facility for Jamaica and Approves US$39 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the seventh review of Jamaica’s economic performance under the program supported by a four-year, SDR 615.38 million (about US$932 million at the time of approval) arrangement under...
Benchmarks: restoring confidence in the financial markets
Benchmarks are widely used to track market developments, however financial scandals involving benchmarks such as Libor and Eurobibor have shown that they are susceptible to manipulation. The EP's economic committee votes on 31 March on new rules to...
Luxembourg must diversify its economy and maintain a strong and resilient financial sector
Promoting longer working lives is vital to improving Poland’s future prosperity
Encouraging more people to work later in life would help Poland meet the challenges of a rapidly ageing population. The percentage of old to younger groups (defined as share of over 65s to people aged 20-64) is projected to nearly triple from 22% in...
UK's long-term growth: innovation’s role in economic success
Mariana Mazzucato, Professor in the Economics of Innovation at the University of Sussex.
Switzerland should enact reforms that allow the competitive parts of the farm sector to flourish
Switzerland should reduce trade barriers and limit the level of direct payments to farmers, as part of wider efforts to improve competitiveness of the agriculture sector, according to a new OECD report.
