News about economy
IMF to join meeting between Ukraine, creditors next week
The IMF said that it would take part in a meeting between Ukraine and its private bondholders next week, amid rising pressure on creditors to reduce the debt.
23 June 2015 12:28
Italian Nutella maker to buy British rival Thorntons
The board of British chocolate maker Thorntons said it had agreed a takeover deal by Italian rival Ferrero that values the firm at about £111.9 million.
23 June 2015 10:44
New Eurogroup meeting on Greece Wednesday: EU's Tusk
Eurozone finance ministers will meet again in a bid to reach a final bailout deal for Greece ahead of an EU leaders' summit the following day.
23 June 2015 10:18
EU prolongs Russian economic sanctions for six months: official
EU foreign ministers formally agreed to prolong to January 2016 damaging economic sanctions against Russia to ensure it fully implements Ukraine peace accords.
22 June 2015 15:03
Athens says Europe 'doesn't need IMF' on eve of crunch summit
Greece does not want any more help from the IMF, minister of state Nikos Pappas said on the eve of a summit.
22 June 2015 11:33
Amid deadlock on Greece, IMF releases funds to Cyprus
The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus.
20 June 2015 15:13
Russia warns of retaliation for Yukos overseas asset freeze
Moscow warned that state-linked foreign firms in Russia could be targeted for retaliation to the freezing of Russian official assets in Western Europe over legal claims from former Yukos shareholders.
20 June 2015 12:04
Juncker says 'I don't understand Tsipras': report
European Commission chief Jean-Claude Juncker voiced frustration with Greek Prime Minister Alexis Tsipras in a media report amid the deepening debt crisis.
20 June 2015 11:24
Grexit 'beginning of the end of the eurozone': Greek PM
A Greek exit from the eurozone would be the beginning of the end of the single currency, Greek Prime Minister Alexis Tsipras was quoted.
19 June 2015 14:58
IMF's Lagarde says Greece talks need 'adults in the room'
IMF chief Christine Lagarde warned that a resolution to five months of tortuous debt talks with Greece required "adults in the room" in an apparent sideswipe at Greek officials.
19 June 2015 12:31
Russia tries to shrug off crisis as West snubs investment forum
Russian officials tried to play down fears about the country's economic crisis as tensions with the West over Ukraine cast a pall over its showcase investment forum.
19 June 2015 10:36
Russia to prolong embargo if EU extends sanctions: minister
Moscow will extend its embargo on European Union agricultural products but is unlikely to go further if the EU extends sanctions as expected.
18 June 2015 16:28
Greece's Tsipras calls Juncker, first time since last week: official
Greek Prime Minister Alexis Tsipras called European Commission chief Jean-Claude Juncker, their first contact on the stand-off over a bailout deal since last week.
18 June 2015 11:23
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 13:18
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 12:42
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 10:41
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 16:09
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 11:19
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 12:47
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 17:06