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Kazakh banks may benefit from tenge devaluation: experts Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.

24 March 2015

Kazakhs bore into microcredits amid shortage of tenge in banks Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.

21 March 2015

British PM creates fund to curb Russian influence: reports British Prime Minister David Cameron is establishing a fund to help Eastern European states resist pressure from Russia, several media outlets reported.

20 March 2015

EU's Russia sanctions extended to end-2015: Tusk EU leaders agreed to effectively extend economic sanctions against Russia until the end of 2015.

20 March 2015

Britain awaits critical pre-election budget Britain's coalition government will deliver a highly political budget Wednesday that will set the stage for a knife-edge election battle in 50 days' time.

18 March 2015

EU, Germany raise 'Grexit' alarm over Greece bailout EU Commission chief Jean-Claude Juncker has warned of an alarming lack of progress in talks on Greece's bailout, as Germany raised the spectre of a tumultuous Greek exit from the euro.

14 March 2015

France stuck in deflation in February: official The French economy, the second largest in the eurozone, remained stuck in deflation in February, according to official figures published.

12 March 2015

A German king, a Greek crown - historic roots of troubled ties Greece has railed against what it sees as German dominance since the 2010 start of the eurozone financial crisis.

12 March 2015

National Bank of Kazakhstan readies de-dollarization plan The National Bank of Kazakhstan has prepared a de-dollarization plan together with the government of the Central Asian country.

10 March 2015

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.

09 March 2015

Head of Kazakh bank tags tenge deficit artificial Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.

07 March 2015

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.

06 March 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.

04 March 2015

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".

27 February 2015

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.

26 February 2015

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.

26 February 2015

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.

25 February 2015

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.

24 February 2015

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.

23 February 2015

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.

21 February 2015

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