News about economy

Out of patience, IMF flexes muscles in Greek debt crisis The International Monetary Fund has lost patience over Greece and is making it known.

17 June 2015

France's Hollande boosts ties with former foe Algeria French President Francois Hollande arrived in Algeria for a visit aimed at tackling the "common battle" of the once bitter foes against jihadists from Mali to Libya.

16 June 2015

Ball in Greece's court in debt talks: ECB's Draghi European Central Bank chief Mario Draghi urged all sides in the negotiations on Greece "to go the extra mile", but insisted the ball was in Athens' court.

16 June 2015

Greek PM urges creditors to get 'realistic' Athens will stand its ground until its creditors become "realistic", a day after last-ditch debt talks collapsed and raised fears of a Greek default.

15 June 2015

Greece bailout talks end with no deal, 'significant gap' remain : EU Crunch bailout talks between Greece and its EU-IMF creditors ended without a deal on Sunday, with a "significant gap" still remaining.

15 June 2015

IMF: Ukraine cannot use reserves to pay bondholders IMF chief Christine Lagarde said that Ukraine cannot use its central bank reserves to pay creditors, rebuffing a suggestion by bondholders that it do so.

13 June 2015

US Ambassador speaks about cooperation between US and Kazakhstan Ambassador of the US in Kazakhstan speaks about the importance of relations with Kazakhstan.

12 June 2015

Kazakhstan completes WTO accession negotiations Kazakhstan has finally agreed upon terms of accession to the World Trade Organization.

12 June 2015

IMF says can support Ukraine without private debt deal The International Monetary Fund said it could continue to support Ukraine with bailout funding even if Kiev does not reach a debt restructuring deal with private creditors.

12 June 2015

EU's Moscovici believes 'more than ever' in Greek debt deal The EU's Economic Affairs Commissioner Pierre Moscovici said he believed "more than ever" that a debt deal was possible between Greece and its creditors.

11 June 2015

Kyrgyzstan fears outflow of doctors to Kazakhstan, Russia Accession to the Eurasian Union is having a negative effect on Kyrgyzstan's healthcare system.

10 June 2015

Greek PM to meet Merkel as bailout deal nears Greek Prime Minister Alexis Tsipras was expected to meet with Angela Merkel in Brussels after the EU's top official for the euro said a breakthrough bailout deal could be "days" away.

10 June 2015

Nursultan Nazarbayev speaks about Kazakhstan's agricultural sector Kazakhstan’s President Nursultan Nazarbayev is concerned about Kazakhstan’s agricultural sector.

09 June 2015

Greece's Varoufakis warns against historic 'failure' by EU Greek Finance Minister Yanis Varoufakis warned that EU leaders had a duty to avoid a historic "failure" and urged a swift accord in Greece's debt talks with its creditors.

09 June 2015

Putin signs off on amnesty for hidden assets Russian President Vladimir Putin signed into law an amnesty for people who illegally spirited funds out of the country.

09 June 2015

OPEC unlikely to lose oil influence to US shale: analysts OPEC's announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects the growing influence of booming US shale.

07 June 2015

EU chief refuses to talk to Greece's Tsipras European Commission President Jean-Claude Juncker refused a request from Prime Minister Alexis Tsipras to talk on the phone.

07 June 2015

OPEC expected to keep status quo on oil output OPEC ministers gather for an eagerly awaited meeting which is widely expected to leave its output levels unchanged, despite the recent oil price collapse and global oversupply.

05 June 2015

IMF confirms delay in Greek debt payments to end of June The IMF confirmed that Greece will be bundling four debt repayments due in June at the end of the month, averting the possibility of a Greek default.

05 June 2015

EU's Juncker says 'challenging' Greece talks to continue European Commission head Jean-Claude Juncker said that "challenging" negotiations with Greece would continue, after late-night talks with premier Alexis Tsipras broke up without a deal.

04 June 2015

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