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13 Sep 16
Pre-accession assistance supplied by the European Union to the Western Balkans worth more than €1bn has been only “partly effective”, auditors have concluded, despite noteworthy efforts from the...
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12 Sep 16
Russia will vote against the release of the next tranche of an International Monetary Fund loan to Ukraine, the country’s finance minister Anton Siluanov said today.
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12 Sep 16
A memorandum of understanding has been signed between the Development Bank of Latin America (CAF) and the New Development Bank, formed two years ago by the BRICS nations.
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12 Sep 16
Brexit could cost the world’s least developed countries up to €385m ($432m) per year in additional trade duties if the UK does not continue to guarantee the favourable access to its market currently...
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12 Sep 16
The world’s first ever cross-border social impact bond was launched in Europe last week, to help unemployed Dutch people find jobs in Germany.
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12 Sep 16
Greek prime minister Alexis Tsipras has said criticised international creditors for squabbling among themselves over potential debt relief for the country, which he claims is exacerbating its...
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12 Sep 16
International Monetary Fund managing director Christine Lagarde has said Laos must maintain “the momentum of fiscal consolidation” to safeguard its transition to a lower-middle income country.
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9 Sep 16
The eurozone’s finance ministers have called on all euro area member states to actively use spending reviews to improve the quality of public finances.
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9 Sep 16
The European Central Bank has held fire on extending its monetary policy stimulus measures to boost eurozone growth, even as the bank cut its growth forecasts for 2017 and 2018.
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8 Sep 16
The Nigerian government hopes to tackle the country’s first recession in more than 20 years by promoting the agriculture and solid minerals sectors in order to diversify the economy.
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8 Sep 16
A plan to introduce surcharges on three of India’s most popular train routes from Friday has sparked uproar on social media.
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8 Sep 16
The European Court of Justice has ordered Greece to pay a €10m lump sum to the European Commission for continually poor waste management, plus €30,000 for every day its waste situation does not...
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8 Sep 16
Angolan finance minister Armando Manuel has been sacked from his post after presiding over a two-year economic slump triggered by the collapse in oil prices.
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7 Sep 16
South Africa has dodged a recession after figures published today show its economy grew by 3.3% in the second quarter, after shrinking by 1.2% in the first few months of 2016.
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7 Sep 16
Australia’s economy can now boast a quarter of a century without recession after official figures showed the economy grew 3.3% in the year to June.
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7 Sep 16
A United Nations report has unveiled the “staggering” cost of Israel’s occupation of Palestinian territory, where the economy might otherwise be twice its current size.
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7 Sep 16
Provincial pension funds throughout China are struggling to break even after the government ordered a 6.5% increase on the basic pension for corporate retirees, according to state news agency Xinhua...
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6 Sep 16
Greece looks set to have another €2.8bn in bailout funds frozen amid reports that its European creditors will withhold the cash for the rest of the year due to lack of progress with reforms.
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6 Sep 16
The international community is failing to achieve major global education targets with the poorest nations worst effected, according to UNESCO.
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6 Sep 16
The European Union lost a "staggering" €160bn in value added tax revenues in 2014, according to European Commission data released today.
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6 Sep 16
The OECD has welcomed the release by the US and China of peer reviews into their national fossil fuel subsidy programmes, despite criticism over the G20’s failure to set a deadline to phase them out...
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6 Sep 16
The impact of European Union support proffered to Montenegro to help it work towards joining the bloc has been muted due to a lack of commitment to reform by the country’s government, the European...
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5 Sep 16
The Asian Development Bank has raised a further $104m through an additional issue of offshore Indian Rupee-denominated bonds, its biggest Indian rupee issuance to date.
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5 Sep 16
The G20 have vowed to make the most of flexible fiscal policy to boost sluggish global growth, as well as to strengthen economic governance through transparency and international tax collaboration.
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5 Sep 16
Chinese president Xi Jinping has warned his fellow G20 leaders from allowing their latest meeting to become an empty “talk shop” as rising protectionism, sluggish investment and geopolitical risks...