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.
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.
Vice Minister of Health and Social Development explains the new provision in the pension legislation concerning five percent employer contributions.
Kazakhstan is moving forward with its new pension system. However, some are concerned it will mean lower revenues for the state budget and more money in the shadow economy.
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.
The International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.
Spanish public workers will get a one-percent pay rise next year, trumpeting the country's economic recovery a few months ahead of a general election.
The International Monetary Fund said it would not join a new bailout program for Greece until conditions for debt sustainability.
Ukraine's government is determined to undertake long-needed reforms, making the economic picture in the country very encouraging.
Dutch Finance Minister Jeroen Dijsselbloem was re-elected as head of the Eurogroup which coordinates policy for the 19-nation euro single currency area.
The International Monetary Fund said it stands is prepared to work with Greece and European Union partners to advance the third bailout effort for the country agreed early Monday.
Greek Prime Minister Alexis Tsipras told US Treasury Secretary Jacob Lew his country wanted the eurozone to provide a bailout, but one that "respects the Greek people".
Amnestied Ukrainian lawyer Yelena Tishchenko has been appointed to lead the newly established department for return of criminally obtained assets in the Ministry of Internal Affairs of Ukraine.
Greek Prime Minister Alexis Tsipras will on Friday ask lawmakers to endorse his new plans to save the country from financial collapse.
International Monetary Fund Managing Director Christine Lagarde said that a new program to prop up Greece's finances would require creditors to restructure debt.
Greek banks will remain closed until Monday, the finance ministry said as the government raced to come up with a new proposal to present to creditors in a last-minute drive to avert a eurozone exit.
Greece's economic turbulence is dominating political debate in Spain ahead of a year-end general election, with the ruling conservatives pointing to Syriza's difficulties to discredit its Spanish ally Podemos.
Vice Minister of Investments and Development Yerlan Sagadiev suggested an aggressive transfer to education in English at higher educational institutions of Kazakhstan.
France can't take the risk of Greece leaving the eurozone, which would have an effect across the globe, the prime minister said on Tuesday.
International Monetary Fund chief Christine Lagarde said that the global crisis lender would assist Greece if asked, a day after Greek voters rejected a prior bailout plan.
- European Commission
- Asia Pacific
- pension fund
- Central Asia
- Mukhtar Ablyazov
- BTA Bank
- Nursultan Nazarbayev