MEPs call for EU aid to road hauliers in a debate on Russian import ban
Many MEPs called for solidarity among EU member states and concrete steps by the European Commission to aid road hauliers hit by Russian restrictions on food and farm produce imports from the EU, in a debate on Monday evening. The import ban’s impact...
MEPs vote to channel funds towards long term European investment
Parliament adopted the rules to address present banks' reluctance to lend to small businesses or open-ended research projects by creating European Long-Term Investment Funds (ELTIFs) designed to benefit the real economy and society by channelling non-...
New IMF Report Urges Balkan Countries to Complete Reform Process
Composite leading indicators point to positive change in growth momentum in the euro area
Stable growth momentum in the OECD area
IMF Launches Somalia Trust Fund for Capacity Development
The International Monetary Fund (IMF) on February 5, 2015 launched a multi-donor trust fund to deliver capacity development in Somalia. The Somalia Trust Fund aims at improving macroeconomic institutions, policies, and data systems and will provide...
Statement at the Conclusion of an IMF Staff Visit to Togo
An International Monetary Fund (IMF) mission led by the new Mission Chief, Cemile Sancak, visited Lomé during February 27-March 5, 2015. The team discussed economic policy priorities with senior government officials, including the President of the...
IMF First Deputy Managing Director David Lipton Visits the Democratic Republic of the Congo To Discuss Economic Challenges
We discussed the recent decline in copper prices and the challenges it poses for the DRC economy. I was impressed by the progress made over the last five years in bringing about economic stability and robust growth, which resulted in the DRC recording...
Greek Government To Investigate Bailout
Greek Finance Minister Yanis Varoufakis deployed what he called "creative vagueness" in drafting the reforms Greece will commit itself to in return for a four-mouth "bridge agreement" with the European Union. This was enough to get past the Eurogroup...
Oil Price Plunge Analyzed In New WB Policy Research Note
Rapid expansion of oil supply from unconventional sources, a significant change in OPEC’s policy stance, and weak global demand are driving the recent plunge in oil prices, according to a new paper by the World Bank.
7-year bankruptcy restriction for long-term failure to file tax returns or pay creditors
Mr Kalemeera’s restriction follows an investigation by the Insolvency Service.
Mr Kalemeera (47) was ordered by the court, to be bound by the restrictions set out in insolvency law which a bankrupt is subject to until they are discharged from...
