IMF fights negative interest rates The IMF announced a minimum interest rate on its unique SDR currency as it fights off the impact of sagging interest rates and deflation from major economies.
25 October 2014
Italian PM vows to publish cost of EU institutions in budget row Italian Prime Minister Matteo Renzi announced his intention to make public the cost of the European institutions, as a row exploded over his country's budget plans.
24 October 2014
Britain's Cameron in new row over EU demand for extra 2.1 bn euros Prime Minister faces a fresh showdown with the EU after Brussels demanded an extra 2.1 billion euros from Britain because its economy is thriving while Europe stalls.
24 October 2014
Kazakhstan’s Central Bank Governor on possible currency devaluation “I believe spreading rumors is the way devaluation expectations are being intensified artificially (…) all those voicing their estimates and forecasts should be aware of their responsibility”, he said.
21 October 2014
Merkel: Allies should help Ukraine pay Russian gas debt German Chancellor Angela Merkel called on Ukraine's allies to help the war-scarred nation pay off its gas debts to Russia.
21 October 2014
Kazakhstan to revisit its 2015 budget with falling oil prices in mind There are certain signs of economic slowdown. For the 9 months of the year the country’s economy has only grown by 4%. The Government is doing its best to support entrepreneurship with affordable loans: Baiterek State-run Hoding Company Head.
21 October 2014
France calls on Germany for 50 bn euros in investments Cash-strapped France called on Europe's economic powerhouse Germany to invest 50 billion euros more by 2018.
20 October 2014
Putin calls on Europe to help Ukraine pay gas debts Russian President Vladimir Putin called on Europe to help Kiev cover its gas debts with Moscow following talks with his Ukrainian counterpart.
18 October 2014
Stock market plunge an 'over-reaction': IMF's Lagarde International Monetary Fund chief Christine Lagarde said the plunge in global stock exchanges this week was due to a market "over-reaction".
18 October 2014
More than 82 million in poverty in China: official More than 82 million people in China still live on less than about $1 a day, despite a decades-long boom that made it the world's second-largest economy.
15 October 2014
Kazakhstan’s financial institutions banned from using Bitcoin There is a tough national legislation to counteract money laundering and banks are not allowed to service transactions involving unidentified parties: Central Bank representative.
15 October 2014
New Swedish government blames predecessor for 'poor' finances Sweden's new Social Democrat-led government lowered the growth forecast, blaming sweeping tax breaks by the outgoing conservative coalition for a "large hole".
14 October 2014
Ebola claims another victim -- African economies The Ebola virus is claiming a new victim: the economies of what are already some of the world's poorest countries,
13 October 2014
Standard and Poor's lowers France outlook to 'negative' Ratings agency Standard and Poor's kept its 'AA' rating for France but lowered its outlook from "stable" to "negative" on fears over the country's budget situation.
11 October 2014
G20 optimistic on global economy Finance chiefs of the Group of 20 economic powers said they remained confident about the global economy, despite renewed weakness in areas like the eurozone.
11 October 2014
IMF: Ukraine needs more financial support The IMF said that embattled Ukraine will need more financing in addition to what the Fund and European partners have offered in the face of "major uncertainty."
11 October 2014
IMF warns of eurozone recession, presses Germany The IMF stepped up its warnings over a possible eurozone recession, pressing governments like Germany to spend more for reverse a stall.
10 October 2014
IMF chief promises 'belly-dance' if US endorses reforms Frustrated with the US Congress's refusal to vote through crucial reforms at the International Monetary Fund, IMF chief Christine Lagarde promised a show if they do.
10 October 2014
National payment system in Kazakhstan unfeasible: experts Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.
09 October 2014
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