Lebanon tourism pays the price for Syria's war Dia's restaurant in the Lebanese resort village of Aley is deserted. Most years, he caters to thousands of rich Gulf Arab tourists and to visiting expats, but this year no one has come.
29 June 2013
EU leaders pledge job funds, back new budget European leaders on Friday agreed to deploy 8.0 billion euros ($10.4 billion) to help create jobs for young people at a summit that also backed a tentative deal on the EU's next trillion-euro budget, despite simmering doubts.
29 June 2013
Lagarde hopes Europe will 'one day' appreciate IMF IMF chief Christine Lagarde hopes the new Greek government "will hold" and that "one day" the Fund's work in Europe, currently the target of criticism.
28 June 2013
Murdoch, Abu Dhabi group eye Financial Times: report Media mogul Rupert Murdoch and Abu Dhabi's state media group are in talks to acquire the Financial Times Group for about $1.2 billion.
28 June 2013
EU ministers agree on new bank rescue rules European finance ministers on Thursday agreed a draft deal on new rules for bank rescues that will only allow bailouts by taxpayers in exceptional cases and shift the burden onto bank owners, creditors and large depositors.
27 June 2013
Moody’s Investors Service on Kazkahstan’s 2013 GDP According to the rating agency, GDP can be maintained at 5% in 2014, with the growth depending on the giant Kashagan oilfield expected to start commercial production later this year.
26 June 2013
Moody’s Investors Service on Kazakhstan’s banking sector The banking system outlook remains negative, experts believe, assigning the problem “to the high share of NPLs and weakened lending growth.
26 June 2013
Kazakhstan's investments grow 10,000 tenge per capita Compared to last year investments per capita grew 10 thousand tenge ($66.7) and made 102.5 thousand tenge ($683) in H1 2013 in Kazakhstan.
24 June 2013
EU finance minister talks break down on bank closure regime European Union finance ministers failed early Saturday to reach an agreement on how to close down failing banks before they can do too much damage to the wider economy.
24 June 2013
Halyk Bank may give up on BTA deal The deal to purchase BTA by Halyk Bank may take longer than planned; one shouldn’t rule out the possibility of Halyk Bank giving up on the idea of purchasing BTA in case Kazakhstan Government doesn’t offer concessions in terms of price.
21 June 2013
Moody's confirms Astana's positive rating with Stable outlook International rating agency Moody’s has confirmed Astana’s investment rating at the level of Baa3 with Stable outlook.
19 June 2013
Reasons for postponement of the People’s IPO Program According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
19 June 2013
Kazakhstan’s Government and ADB to carry out joint research The research will be financed by the country’s Government and the Bank on parity basis from 2013 to 2015.
18 June 2013
Kazakhstan government hopes for 6-percent economy growth in 2013 The crisis and the recession are still in the act and not everything is going well at the global markets: Serik Akhmetov.
17 June 2013
Kazakhstan National Fund to publish expenses Reports on expenditures of the National Fund of Kazakhstan are to be published on the Internet to ensure transparency of the money use.
17 June 2013
Kazakhstan GDP grows 5 percent in January-May 2013 GDP growth made 5 percent in January-May 2013, which is 0.2 percent higher than in January-April this year: Minister.
11 June 2013
Consumers in crisis-hit Spain put brakes on spending Spaniards are buying fewer cars, fewer clothes and even cutting back on smoking as a grinding recession and rising unemployment force them to slash spending, dealing a severe blow to manufacturers and shops.
11 June 2013
Central Bank Governor on Kazakhstan’s foreign debt In line with international standards, the figure is less than 16% of the country’s GDP and is no threat: Gregory Marchenko.
06 June 2013
IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.
06 June 2013
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