site.news_by_theme economy
Experts comment on Kazakhstan's decision to abandon control of tenge
Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
24 August 2015
Making sense of Kazakhstan's decision to float tenge
Kazakhstan tenge plunged to its record low after the country floated it, renouncing the set corridor and adopting inflation targeting.
21 August 2015
Kazakh currency falls 23 percent after switch to free-float
Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.
20 August 2015
Greece repays 3.4 bn euros to European Central Bank: source
Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.
20 August 2015
Greek PM wants European parliament to join creditors quartet
Greek Prime Minister Alexis Tsipras asked that the European Parliament (EP) join the group of creditors overseeing the recently-approved bailout deal.
20 August 2015
Dutch PM grilled on Greece, beats no-confidence bid
Dutch Prime Minister Mark Rutte received a grilling in parliament for his cabinet's support for debt-ridden Greece's third international bailout.
20 August 2015
Tianjin blasts echo across economy
The economic impact of the Tianjin explosions could reverberate for months.
19 August 2015
Spanish parliament approves new Greece bailout
Spanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.
19 August 2015
Japan economy's contraction a blow for 'Abenomics'
Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.
17 August 2015
Germany touts Greek change of heart ahead of key bailout vote
German Chancellor Angela Merkel and her hardline Finance Minister Wolfgang Schaeuble on Sunday hailed a dramatic change in Greece's approach to its debt crisis.
17 August 2015
IMF warns of 'disorderly correction' if China reform slows
The IMF warned that China, the world's second-largest economy, could face a "disorderly correction" followed by slower growth if its reform program slows.
15 August 2015
Eurozone approves Greek bailout accord worth up to 86 bn euros: official
Eurozone finance ministers approved Friday a third debt bailout worth up to 86 billion euros to keep Greece afloat and avoid its chaotic exit from the single currency bloc.
15 August 2015
Advantages and disadvantages of Kyrgyzstan's accession into EEU
Kazakhstani political analysts discuss advantages and disadvantages of Kyrgyzstan's accession into the Eurasian Economic Union.
14 August 2015
China's long march to currency reform takes a step forward
China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
14 August 2015
Greece's Tsipras says German plan 'would lead to crisis without end'
Greek Prime Minister Alexis Tsipras warned that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".
14 August 2015
Greece reaches deal with creditors: government source
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.
11 August 2015
Greek PM sees bailout deal after August 15
Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed that Athens and its international creditors "can and must" reach a bailout deal after August 15.
07 August 2015
Sisi to unveil 'new Suez Canal' as Egypt makes history
President Abdel Fattah al-Sisi inaugurates a "new" Suez Canal in a lavish and heavily secured ceremony, as Egypt seeks to boost its economy and international standing.
06 August 2015
Nazarbayev ratifies Kyrgyzstan's accession to EEU
President of Kazakhstan Nursultan Nazarbayev has signed the ratification of the agreement on Kyrgyzstan's joining to the Eurasian Economic Union (EEU).
06 August 2015
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