IMF Downgrades Montenegro’s Growth Forecast
- Details
- Category: Economy
- Published on Friday, 10 October 2014 14:29
The IMF has revised its forecast of Montenegros’s economic growth downwards from 2.8 per cent anticipated in April to 2.3 per cent.
About 2.5 million Greeks are without any health insurance
- Details
- Category: Economy
- Published on Friday, 10 October 2014 14:28
Health care services and public hospital budgets are under immense pressure as cost is expected to increase.
Read more: About 2.5 million Greeks are without any health insurance
Greek-made submarines buoy PM as jobless remain adrift
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- Category: Economy
- Published on Thursday, 09 October 2014 10:56
When Antonis Samaras went to the Saronic Gulf this week to launch the first submarine made in Greece, he described the country’s shipyards as “weapons of growth.”
Read more: Greek-made submarines buoy PM as jobless remain adrift
Romania to List More Companies on Bourse
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- Category: Economy
- Published on Wednesday, 08 October 2014 10:58
Romania plans to attract foreign cash with the public listing of some more state-owned companies next year.
Returned Albania Migrants Face Hardship, Study Shows
- Details
- Category: Economy
- Published on Wednesday, 08 October 2014 10:57
A study by the National Institute of Statistics, INSTAT, and the International Organization for Migration, IOM, points to the difficulties Albanian migrants face when returning home.
Read more: Returned Albania Migrants Face Hardship, Study Shows
EU puts pressure on Serbia to stop South Stream gas pipeline
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- Category: Economy
- Published on Tuesday, 07 October 2014 11:04
The European Commission is to tell Serbia its accession prospects will suffer if it builds South Stream, a Russian gas pipeline.
Read more: EU puts pressure on Serbia to stop South Stream gas pipeline
Albania’s Growth Slumps in Second Quarter of 2014
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- Category: Economy
- Published on Tuesday, 07 October 2014 10:54
Albania's GDP fell by 0.6 per cent in the second quarter of 2014, the National Institute of Statistics said, frustrating government expectations of higher growth.
Read more: Albania’s Growth Slumps in Second Quarter of 2014
Troika heads leave Athens frustrated, unable to come to agreement
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- Category: Economy
- Published on Tuesday, 07 October 2014 10:52
The heads of the troika will depart today (07.10.2014) from Athens, a day sooner than expected due to the upcoming vote of confidence in Parliament, having failed to come to an agreement with the Greek side on any of the major unresolved issues.
Read more: Troika heads leave Athens frustrated, unable to come to agreement
Greek Budget Said to Leave Creditors Unconvinced on Exit
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- Category: Economy
- Published on Monday, 06 October 2014 13:21
Greece’s creditors insist the country should retain access to bailout funds next year even as the government seeks an almost-balanced budget for the first time in decades, two officials with knowledge of the matter said.
Read more: Greek Budget Said to Leave Creditors Unconvinced on Exit
Greece to be fined over toxic waste
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- Category: Economy
- Published on Sunday, 28 September 2014 05:50
The European Union called on 25.09.2014 for Greece to be fined nearly 15 million euros for failing to dispose of hazardous waste properly.
Greece: One in two is unable to meet tax and insurance obligations
- Details
- Category: Economy
- Published on Tuesday, 23 September 2014 11:26
Survey shows that while Greek people will struggle with taxes, a wave of optimism is starting to emerge.
Read more: Greece: One in two is unable to meet tax and insurance obligations
Montenegro to Put Arms Exporter up For Sale
- Details
- Category: Economy
- Published on Tuesday, 23 September 2014 11:20
Montenegro has decided to sell off its state-owned arms exporter and a manufacturer of explosives, in the hope of bringing in strategic partners that will update the companies.
Greece may skip IMF loans to exit aid curbs
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- Category: Economy
- Published on Friday, 19 September 2014 12:01
Finance minister Gikas Hardouvelis signaled Greece may forego International Monetary Fund emergency loans in 2015 and 2016 in order to secure an exit from the terms of its bailout.
Turkey’s economic growth fizzles
- Details
- Category: Economy
- Published on Friday, 19 September 2014 11:54
Turkey’s second-quarter growth rate came as a big disappointment to Ankara, hushing boastful ministers who had bragged of outperforming European economies.
Serbia Decides to Cut Pensions and Salaries
- Details
- Category: Economy
- Published on Friday, 19 September 2014 11:52
Serbia's Prime Minister says pensions and salaries in the public sector must be cut as a part of a package of government austerity measures.
