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Euro inches off multi-year lows in Asian trade The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.

25 July 2012

Markets panic as eurozone faces turbulent summer The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.

24 July 2012

Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."

24 July 2012

Euro falls to lowest against yen in over a decade The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.

23 July 2012

Departing IMF economist rips fund's leadership A departing senior IMF economist has excoriated the fund, alleging it failed to address Europe's crisis and "suppressed" its challenges.

22 July 2012

Police fire rubber bullets after huge Madrid crisis protest Spanish police fired rubber bullets and charged protestors in central Madrid early Friday at the end of a huge demonstration against economic crisis measures.

20 July 2012

Economic crisis will not hit Kazakhstan until 2014: expert Expert of the Institute of Economic Research expressed his opinion on the effect of the global economic crisis on Kazakhstan.

14 July 2012

New Greek government wins confidence Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the country safely in the eurozone.

09 July 2012

Approaching crisis is a test-drive for Kazakhstan: Nazarbayev Kazakhstan President told about Kazakhstan's response to the possible second wave of the financial crisis.

04 July 2012

Furious Spanish investors seek Bankia scalps Furious pensioners who lost savings through investments in ruined lender Bankia booed its managers Friday, branding them thieves, at the first shareholders' meeting since the bank's huge rescue.

01 July 2012

2013 budget cuts are likely: Massimov Prime-Minister Karim Massimov told the Parliament that Nursultan Nazarbayev had instructed to consider "a negative scenario for 2012".

25 June 2012

Kazakhstan President told about sweet loans and crisis immunity Nursultan Nazarbayev mentioned that he does not feel the new wave of the global financial crisis coming.

24 May 2012

Nazarbayev compared saving global economy with dollars to firefighting with petrol Each new billion of dollars can cause a billion of new social problems: Nursultan Nazarbayev.

23 May 2012

Global crisis may be good for Kazakhstan economy Expert opinions about the benefits of the global crisis for Kazakhstan's economy.

08 March 2012

Kazakhstan has enough funds to withstand a financial crisis: National Bank Governor According to him, the major issue how to manage the funds. The management, in its turn, will depend on possible manifestations of the anticipated crisis.

14 February 2012

Kazakhstan to prepare detailed anti-crisis plan Kazakhstan Ministry of Economic Development and Trade has been instructed to prepare a detailed anti-crisis plan.

06 February 2012

7 companies to take part in Post-Crisis Recovery Program Kazakhstan is running a program to help competitive companies of strategic significance for the country’s economy recover from the crisis.

25 January 2012

Second wave of the global crisis to hit the world in 2012-2013: PM Karim Massimov “[The second wave] will take place in 2012-2013. No politician is able to take any measures to prevent that: K. Massimov

23 January 2012

Kazakhstan maintained stability of financial sector after global crisis Karim Massimov summed up the results of implementation of the 2-year anti-crisis program called ‘5 Big Deals’.

20 January 2012

Kazakhstan is ready for new wave of crisis: Massimov Karim Massimov recalled 2008-2009 crisis and the ways Kazakhstan managed to overcome it.

19 January 2012

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