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Cyprus fears next tranche of bailout funds at risk Cyprus is unlikely to receive the next tranche of rescue funds from international lenders after apparently falling foul of them over new legislation.

12 September 2014

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.

11 September 2014

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.

10 September 2014

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.

10 September 2014

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.

09 September 2014

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.

07 September 2014

Kazakhstan should adjust its legislation for Islamic finance: Kelimbetov Head of Kazakhstan National Bank Kairat Kelimbetov spoke about the stages of development of Islamic finance in Kazakhstan.

05 September 2014

EU pressed to up aid to farmers hit by Russia sanctions The European Parliament ratcheted up the pressure on the European Union to increase support for farmers hit by a Russian ban on food.

05 September 2014

Kazakhstan’s Central Bank Governor on national currency appreciation The Governor doesn’t rule out the USD exchange rate could further go down to 170 tenge per $1 as compared to the current 183 tenge per $1.

04 September 2014

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Europe faces a severe water shortage

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IMF warns Ukraine may need extra $19 bn in help The International Monetary Fund warned that economically-devastated Ukraine may need an extra $19 billion (14.5 billion euros) in assistance

03 September 2014

Kazakh researcher develops super large-capacity battery Dr Zhumabay Bakenov, a professor at Kazakhstan's Nazarbayev University, has developed a lithium-sulfur battery with 10-fold regular capacity.

02 September 2014

Draghi 'supports' France's call to boost European demand French President and the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation.

02 September 2014

IMF approves $1.4 billion aid payment for Ukraine The International Monetary Fund approved the release of nearly $1.4 billion in fresh funds for troubled Ukraine.

30 August 2014

German jobless rate unchanged in August: data Unemployment in Germany stagnated in August, as clouds continue to build over Europe's biggest economy.

28 August 2014

France's economic malaise: A sense of deja-vu? When Francois Hollande's inaugural parade was drenched in rain, some jokingly wondered whether this was a warning of things to come.

27 August 2014

Germany should drive economic recovery in Europe: IMF chief IMF chief C. Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, suggesting that German wages should rise.

25 August 2014

Ukraine's economy minister announces resignation Ukraine's economy minister announced his resignation following conflicts within the government on how to turn around the economic situation.

22 August 2014

Hollande faces host of headaches on return from holiday President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays.

19 August 2014

Alliance Bank debt restructuring talks break stalemate Alliance Bank of Kazakhstan has agreed the basic terms of restructuring of its $1.2 billion debt.

15 August 2014