Portugal to take two banks to court over swap deals Portugal said Friday it will take banking giants JP Morgan and Santander to court to make them renegotiate deals that have left state-run companies paying hefty interest rates.
28 April 2013
Spain begs time to fix finances, eyes growth Spain forecast Friday it would climb out of its bitter recession in 2014 but needed two extra years to meet the European Union's target for reining in its public deficit.
27 April 2013
Kazakhstan’s President Nazarbayev urging Kazakhstanis not to invest into tax havens Grass is always greener on the other side of the fence. If you have managed to earn, invest the money inside Kazakhstan: Nazarbayev.
24 April 2013
Kazakhstan mulls restricting cash withdrawal Kazakhstan financial police is suggesting to legally restrict withdrawal of cash by individuals and legal entities.
24 April 2013
Labor migrants generate $1.1 billion a year for Kazakhstan At least 0.57 percent of Kazakhstan's GDP -- $1.1 billion per year -- is generated by labor migrants.
24 April 2013
OECD backs Japan deflation fight, says must cut debt The Organisation for Economic Co-operation and Development on Tuesday backed Japan's bid to end years of deflation, but called on Tokyo to step up efforts to shrink its huge debt pile.
24 April 2013
GDP expected at 5% in H1 in Kazakhstan Forecast GDP growth will make 5 percent in Kazakhstan in the first half of 2013.
23 April 2013
IMF, Egypt hope to reach loan agreement in 'weeks' The International Monetary Fund and Egypt hope to conclude talks for a loan deal "in the coming weeks".
22 April 2013
Britain launches legal challenge to EU finance tax The British government has launched a legal challenge against plans for a European financial transactions tax to be adopted by 11 EU states.
21 April 2013
Weak global economy key worry as IMF, World Bank meet Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring meetings kicked off.
19 April 2013
NGO slams IMF's 'double standard' on austerity Jubilee USA Network, a debt-relief organization, on Thursday criticized the International Monetary Fund for using a "double standard" in prescribing austerity measures to troubled economies.
19 April 2013
KazAgroFinance improves leasing of agricultural equipment Kazakhstan's KazAgroFinance has lowered interest rate on agricultural vehicles leasing from 12.8 to 5.8 percent.
18 April 2013
Financial police holds international seminar on countering corruption The international seminar called Experience exchange in development and effective implementation of measures/strategies for prevention of corruption is held in Astana on April 16-18, 2013.
16 April 2013
S. Korea proposes $17.3 bn extra budget for 2013 South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.
16 April 2013
Kazakhstan millionaire Kenes Rakishev among Top 10 world's private investors of 2012 Kazakhstan’s Kenes Rakishev who invested millions of dollars in foreign projects joined the club of the Top-10 private investors of 2012.
16 April 2013
Kazakhstan economy growth to exceed Russia 2.5-fold in 2013 Kazakhstan will achieve the target value of the economy growth set at 6 percent by the end of the year: official.
16 April 2013
Billionaire Bulat Utemuratov mulls buying Temir and Alliance Banks: media The cost of Alliance Bank and Temirbank may range from $500 million to $1 billion.
15 April 2013
EU finance ministers tackle tax-fraud European Union finance ministers tackle tax fraud and money-laundering as they wrap up two days of talks on Saturday.
13 April 2013
Kazakhstan’s President prohibits use of the National Oil Fund’s assets to finance banks Second-tier banks have a lot of other opportunities and tools to raise money and other reserves to turn to: Nursultan Nazarbayev.
12 April 2013
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