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1 Jul 15
The International Monetary Fund has confirmed that Greece missed its €1.5bn debt repayment due yesterday, becoming the first developed country to fall into arrears with the international fund.
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30 Jun 15
Greece could be left without a financial safely net for the first time in five years as it reaches the final hours of its international bailout programme today.
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30 Jun 15
The European Commission has unveiled a €13.1bn plan to invest in 276 transport projects, in a bid to boost the region’s economy and create more favourable conditions for growth and jobs.
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29 Jun 15
Greece’s place in the European currency union hangs in the balance after eurozone finance ministers rejected Athens’ request to extend a bailout programme beyond June 30.
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25 Jun 15
Greece and its international creditors have failed to reach an agreement on economic reforms for Athens at emergency talks today, renewing fears that the country could default on an International...
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24 Jun 15
Global foreign direct investment declined by 16% last year to $1.23 trillion, thanks to a fragile world FDI economy, policy uncertainty for investors and heightened geopolitical risks, the United...
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21 Jun 15
Eurozone finance ministers have welcomed the submission of a revised reform package from Greece, which could form the basis of a deal later this week to end the country's debt crisis.
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21 Jun 15
Cyprus has made “better-than-expected” progress in stabilising its economy with its public finances exceeding targets, the International Monetary Fund said as it handed the country $278....
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18 Jun 15
A round-up of recent public finance stories from Europe you might have missed.
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18 Jun 15
An emergency summit of eurozone leaders will take place on Monday for urgent, high-level discussions about the situation in Greece after talks collapsed last night.
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17 Jun 15
The European Union needs to enhance the transparency offered by its institutions and member states. Being an active participant in a democracy means being an active participant in the management of...
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16 Jun 15
Greece risks falling into a “state of emergency” if it does not reach an agreement with its international creditors, Germany’s European commissioner Guenther Oettinger said as talks...
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15 Jun 15
Some 400 million people globally lack essential health services and individual healthcare costs are forcing many into poverty, according to a major international report.
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12 Jun 15
The International Monetary Fund’s decision to walk out of negotiations between Greece and its creditors on Thursday was a warning to Athens, the German finance ministry said today.
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12 Jun 15
The European Union and International Monetary signed a €8m grant agreement to implement fiscal reform in the Balkans, with a particular focus on public financial management.
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9 Jun 15
Spain’s economy is expanding rapidly and is set to grow by 3.1% this year, the International Monetary Fund has said, but it warned that vulnerabilities remain in the country due to “deep...
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7 Jun 15
The International Federation of Accountants has called on public finance policymakers to act in the long-term interest in the wake of the Greek debt crisis, which is no nearer to a resolution.
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5 Jun 15
A round-up of recent public finance stories from Europe you might have missed.
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4 Jun 15
Greece has told the International Monetary Fund that it will delay the repayment of a €300m debt due today until the end of the month.
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4 Jun 15
The UK has committed £20m in new funding to help tens of thousands of vulnerable Iraqis who have been forced to flee their homes by ISIL fighting, Justine Greening, the international...
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3 Jun 15
Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker are set to meet in Brussels tonight to discuss the terms of the international bailout of Greece, but a final...
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2 Jun 15
Growth projections for Russia this year and next year is significantly more optimistic than what was predicted two months ago, thanks to climbing oil prices, World Bank data has shown.
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29 May 15
Countries in all European Union member states posted positive economic growth results in 2014 for the first time since the 2010 debt crisis and growth across the EU is now expected to expand to 1.8%...
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27 May 15
The European Union and Switzerland have signed a historic tax agreement, which will end Swiss bank secrecy and prevent tax evaders from hiding undeclared income.
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27 May 15
A round-up of recent public finance stories from Europe you might have missed.