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9 Jul 12
The fundamentals of the eurozone are sound and the commitment of its members to making economic reforms is increasing, according to the president of the European Central Bank, Mario Draghi.
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9 Jul 12
Russia will balance its budget by 2015 but must do more to reduce its reliance on oil and gas revenues, the country’s prime minister, Dmitry Medvedev, said on Friday.
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6 Jul 12
The global economic outlook has become ‘more worrisome’ over the past few months and growth prospects have worsened, Christine Lagarde, the chief executive of the International Monetary Fund, said...
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5 Jul 12
Barclays is unlikely to have acted alone in its manipulation of the London Interbank Offered Rate and there is ‘a lot more to come’, according to the former deputy governor of the Bank of England,...
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3 Jul 12
The World Bank is ‘well positioned’ to meet future demands although it lent 8% less in 2011/12 than the previous year, according to former president Robert Zoellick.
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29 Jun 12
Eurozone leaders last night agreed to use the single currency bloc’s bailout funds to recapitalise struggling banks directly instead of channelling the money through governments.
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28 Jun 12
Overall health spending in the world’s leading economies stagnated in 2010 and early indications suggest little or no growth in 2011, the Organisation for Economic Co-operation and Development said...
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27 Jun 12
The International Monetary Fund, the World Bank International Development Association and other external creditors yesterday agreed a $4.4bn debt write-off for Ivory Coast after the West African...
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26 Jun 12
Leaders of the main European Union institutions today published plans for full European economic and monetary union.
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26 Jun 12
Cyprus has become the latest European Union country to request bailout funds from the eurozone member states to recapitalise its banks.
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25 Jun 12
Spain could receive a multibillion euro bailout of its banking sector within weeks after formally asking for support from other eurozone countries this morning.
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25 Jun 12
European Union development aid to the world’s poorest countries fell for the first time in almost a decade last year, as 14 countries reduced their spending.
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22 Jun 12
The eurozone is under acute stress and needs to make an immediate forceful move towards full monetary union, the International Monetary Fund said last night.
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20 Jun 12
Canada needs an over-arching strategy for its development aid and should also increase the amount it spends as soon as possible, the Organisation for Economic Co-operation and Development said...
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20 Jun 12
The eurozone members of the Group of Twenty last night pledged to take ‘all necessary measures’ to safeguard the integrity and stability of the single currency.
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19 Jun 12
The accounting profession needs to put ‘concerted, co-ordinated’ pressure on politicians to bring about a step change in public financial management worldwide, the chief executive of CIPFA said...
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15 Jun 12
World Bank vice-president Fayezul Choudhury has been selected to replace Ian Ball as chief executive of the International Federation of Accountants next year.
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14 Jun 12
The European Parliament yesterday voted in favour of rules to strengthen budgetary surveillance and monitoring in the eurozone.
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13 Jun 12
Eurozone countries need to take concerted action to end the turbulence affecting the single currency by moving towards a closed fiscal and banking union, the European Central Bank said yesterday.
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13 Jun 12
Developing countries should prepare for a long period of volatility in the global economy by cutting budget deficits and reducing short-term debt, the World Bank said yesterday.
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12 Jun 12
Japan needs to move more forcefully to tackle ‘deep-rooted’ fiscal problems that have increased public debt ten-fold over the past 20 years, the International Monetary Fund said today.
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12 Jun 12
The Group of Twenty should back moves towards greater transparency and accountability in public finances as part of a global effort to create economic sustainability and growth, the International...
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11 Jun 12
Spain has accepted a €100bn bailout from eurozone countries to prop up its ailing banking sector.
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8 Jun 12
Fitch sharply downgraded Spain’s credit rating from ‘AAA’ to ‘B’ last night due to the rising cost of an expected bailout of the country’s banks and ‘policy missteps’ at a European Union level.
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8 Jun 12
The chair of the Federal Reserve has called on the US government to avoid a ‘sudden and severe’ fiscal contraction due to come into effect next if year if politicians fail to agree alternative...
9 Jul 12The fundamentals of the eurozone are sound and the commitment of its members to making economic reforms is increasing, according to the president of the European Central Bank, Mario Draghi.
5 Jul 12Barclays is unlikely to have acted alone in its manipulation of the London Interbank Offered Rate and there is ‘a lot more to come’, according to the former deputy governor of the Bank of England,...
11 Jul 18 to 12 Jul 18
25 Apr 18
