Budget of Winter Olympics in Almaty cut by $550 million
Kazakhstan has introduced 8 changes to its bid to host the 2022 Winter Olympic Games in Almaty.
Head of Kazakh bank tags tenge deficit artificial
Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
Kazakhstan budget may lose $5 bln in revenues
The budget revenues of Kazakhstan may be $5 bln short of target if the oil prices stay at $50 per barrel in 2015.
Kazakhstan’s Central Bank comes up with plan to reduce economy dollarization
The plan for 2015-2016 was developed concertedly with the Government and seeks to ensure macroeconomic stability, develop cashless payments, reducing the shadow economy, and prioritize the national currency over foreign currencies.
British claim to have cut EU charge false: report
A British government claim to have negotiated the halving of a £1.7 billion payment demanded by the European Union is "not supported by the facts".
India pledges $137 bn to modernise railways
India said it would spend $137 billion to modernise its crumbling railways, pledging to end a vicious cycle of under-investment.
West's shows 'unwillingness' in Ukraine truce: Lavrov
Russia called Western threats of fresh sanctions against Moscow evidence that Washington and Brussels are not interested in the success of a troubled truce in Ukraine.
Samruk-Kazyna limits forex transactions of its subsidiaries
Kazakh National Wealth Fund Samruk-Kazyna has ordered its subsidiaries to avoid making unnecessary foreign currency transactions to reduce pressure on the tenge exchange rate in Kazakhstan.
IMF approves 1.2 bn euro credit line for Serbia
The International Monetary Fund on Monday approved a 1.2 billion euro ($1.4 billion) credit line for Serbia to support its structural and economic reforms.
Cost of presidential election in Kazakhstan - 5 billion tenge
Minister of National Economy of Kazakhstan Yerbolat Dossayev said that the government envisioned spending 5 bln tenge on the presidential election next year.
Moody's downgrades Russia debt to 'junk' level
Moody's cut Russia's debt rating by one notch into 'junk' territory, saying the Ukraine crisis and the fall in oil prices and the ruble will further undermine Russia's economy.
Zarif, Kerry to hold nuclear talks in Geneva: Iran
Iranian Foreign Minister Mohammad Javad Zarif and top US diplomat John Kerry will meet in Geneva this week for talks on Tehran's nuclear programme.
Kazakh central bank to allocate $698 million to support mortgage programs
The Central Bank emphasized the measure didn’t imply writing off debts and is targeted at making the mortgage conditions more affordable.
Greece eyes pain-free EU loan deal
Greece was expected to bid for extra debt crisis aid from the EU without strings attached, ahead of a closely-watched ECB meeting on the country's emergency funds.
UK's Labour details pre-poll economic plan
Britain's main opposition Labour party outlined its economic plan to try to woo middle-income voters ahead of an anticipated closely-fought election in May.
Greece handed ultimatum as eurozone bailout talks collapse
Eurozone ministers have handed Greece an ultimatum to request an extension to its bailout programme after crunch talks collapsed.
French MPs to vote on controversial reform plan
Millions of tourists in Paris will be able to shop all-week long if French MPs pass a controversial set of reforms seen as vital to unblock its stuttering economy.
Greece, eurozone thrash out high-stakes debt rescue changes
Greece goes into talks with its eurozone partners demanding changes to a massive international bailout.
Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization
Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.
World Bank to provide up to $2 bn in aid to Ukraine
The World Bank said it is prepared to provide up to $2 billion in financial assistance to conflict-torn Ukraine this year.