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Head of Kazakh bank tags tenge deficit artificial Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.

07 March 2015

India pledges $137 bn to modernise railways India said it would spend $137 billion to modernise its crumbling railways, pledging to end a vicious cycle of under-investment.

26 February 2015

Moody's downgrades Russia debt to 'junk' level Moody's cut Russia's debt rating by one notch into 'junk' territory, saying the Ukraine crisis and the fall in oil prices and the ruble will further undermine Russia's economy.

21 February 2015

Greece eyes pain-free EU loan deal Greece was expected to bid for extra debt crisis aid from the EU without strings attached, ahead of a closely-watched ECB meeting on the country's emergency funds.

18 February 2015

Greece handed ultimatum as eurozone bailout talks collapse Eurozone ministers have handed Greece an ultimatum to request an extension to its bailout programme after crunch talks collapsed.

17 February 2015

French MPs to vote on controversial reform plan Millions of tourists in Paris will be able to shop all-week long if French MPs pass a controversial set of reforms seen as vital to unblock its stuttering economy.

17 February 2015

Greece, eurozone thrash out high-stakes debt rescue changes Greece goes into talks with its eurozone partners demanding changes to a massive international bailout.

16 February 2015

Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.

15 February 2015

Kazakhstan to return 4.1 billion tenge of VAT payments to ArcelorMittal Temirtau The Taxation Department of Karaganda Oblast has began a check to confirm the outstanding debt of Kazakhstan tax authorities to ArcelorMittal Temirtau.

13 February 2015

Plan to mitigate devaluation in Kazakhstan presented by Khudaibergenov, Ushbayev With the coming of February Kazakhstan's population and businesses were holding their breaths waiting for the National Bank's next move on the tenge. Is devaluation inevitable and how bad can it be? Kazakhstani experts Olzhas Khudaiberganov and Anuar Ushbayev say they have a plan.

12 February 2015

IMF urges G20 to take action to unstick global growth International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.

07 February 2015

Greek finance minister met with 'scepticism' in Berlin debt talks Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.

06 February 2015

Kazakh businessman Kenes Rakishev launches venture capital fund Kazakhstan's businessman Kenes Rakishev has become one of the investors of a $102 million venture capital fund.

05 February 2015

Kazakh banks experiencing tenge shortages Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.

04 February 2015

Kenya obtains nearly $700 mn in IMF backing Kenya obtained nearly $700 million worth of precautionary loan support from the International Monetary Fund.

03 February 2015

Greek finance minister says eyeing new debt deal by 'end May' Greek Finance Minister Yanis Varoufakis said he wanted to reach a new agreement with international creditors on his country's debt burden "by the end of May".

02 February 2015

Obama to request hike in US military budget: officials President Barack Obama plans to ask for an increase in military spending in a proposed budget for 2016.

29 January 2015

IMF begins work on 'Plan B' as US blocks reforms The IMF said it would begin working on alternatives to its stalled, five-year-old reform program after passing another year without the required ratification.

29 January 2015

EU to consider new Russia sanctions over Ukraine European Union leaders have tasked their foreign ministers to consider a new wave of sanctions against Russia when they meet in Brussels.

27 January 2015

IMF set to continue support Greece after election The International Monetary Fund said it was prepared to continue its financial support of Greece.

27 January 2015

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