The European Bank for Reconstruction and Development (EBRD) is extending a 100 million euro (about 127 million U.S. dollars) stand-by credit line to the Albanian Deposit Insurance Agency (ADIA) to strengthen the stability of Albania’s banking system.
Japan recorded a trade deficit of 958. 3 billion yen (about 8.95 billion U.S. dollars) in September, remaining in the red ink for the 27th consecutive month, government data showed Wednesday.
21(Xinhua)–The International Monetary Fund(IMF)has forecast sub-Saharan Africa economy to grow by 5 percent in 2014 and accelerate to around 5.75 percent in 2015 5.A report from the IMF received in Nairobi on Tuesday said low-income countries will spur expansion with growth of as much as 7 percent 。 Sayeh said fiscal accounts are coming under considerable pressure in the countries currently affected by the Ebola outbreak k.
Italian Prime Minister Matteo Renzi on Monday announced that 30 billion euros (about 38 billion U.S. dollars) in tax cuts and other adjustments will be included in 2015 state budget law.
The European Commission (EC) signed a memorandum of understanding with the Big Data Value Association to set up a public-private partnership (PPP) on big data, aiming to strengthen the data sector in Europe, according to a statement of the EC on Monday.
The European Commission on Monday welcomed the Norwegian government’s announcement to licence the construction of two sub-sea cables linking Norway to Germany and Britain.
Eurogroup meeting on Monday concluded with focus on investment, urging all member states to take quick policy action.
European Commission President Jose Manuel Barroso and visiting Vietnamese Prime Minister Nguyen Tang Dung on Monday reaffirmed the importance of an early conclusion of a free trade agreement between the two sides.
The World Bank on Thursday launched an initiative to bridge the private sector with the need of developing countries and emerging markets on infrastructure construction.
Ireland’s economic growth is expected to be strong in 2014 and 2015, with its gross national product (GNP) forecast to grow by about 5 percent in each year, according to the latest analysis on Wednesday.