Baltics most vulnerable to Russia food sanctions: EBRD
Lithuania and fellow Baltic states Estonia and Latvia are the countries most vulnerable to a Russian block on EU food exports.
Kazakhstan-based banks obliged to keep equity capital inside the country
According to the Central Bank Governor, up to now they have been able to keep the money on their correspondent accounts abroad.
Kazakhstan people keep $18 billion at home: Central Bank Governor
Accoding to him, massive misleading sms campaigns informing people of alleged bankruptcy of some of Kazakhstan-based banks in the wake of the 20% currency devaluation back in February and waves of rumors about possible devaluation recently have been encouraging people to keep their money at home.
Merkel 'proud' of budget, insists on rigour in EU
Angela Merkel voiced pride in her country's strong budget and called on EU states "finally" to respect joint fiscal rules.
Ferrari head Montezemolo leaves top job: Fiat statement
The president of the Italian Ferrari luxury sports car company, Luca Cordero di Montezemolo, announced he was stepping down on October 13.
Transition to gas pumps in Kazakhstan complilcated, gasoline deficit remains
One of the possible ways to address the recurring gasoline deficit in Kazakhstan is transitioning to gas from petrol and gasoline products. This is easier to say than to do, however.
Standard & Poor`s on tenfold obligatory increase in Kazakhstan-based banks’ capital net worth
As of July 1, 2014, 33 out of 38 Kazakhstan-based banks are short of the standard to be introduced in 2019.
Kazakh farmers face stringent loan terms, development of agribusiness inhibited
There are several financial constraints for achieving development of Kazakhstan's agriculture, experts say. Alleviating these is necessary to boost the industry and make Kazakhstan-made products competitive internationally.
Russian Polymetal to invest $640 million into Kazakhstani Kyzyl gold mine
Russian gold mining company Polymetal plans to invest up to $640 million into Kazakhstani gold mine Kyzyl.