Greece concludes agreement with creditors on sale of NPLs
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- Category: Economy
- Published on Sunday, 01 May 2016 11:24
An agreement between Greece and its lenders will lead to the vast majority of non-performing loans (NPLs) linked to primary residences with a taxable value under 140,000 euros being protected from sale until 2018, Economy Ministry sources have said.
Read more: Greece concludes agreement with creditors on sale of NPLs
Croatia Unveils Reforms to Boost Economy
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- Category: Economy
- Published on Friday, 29 April 2016 12:05
Croatian is raising the retirement age from 65 to 67, introducing rewards for public officials and a real estate tax - and adopting other reforms designed to boost growth and lure investors.
Tusk on Greek financial situation
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- Category: Economy
- Published on Thursday, 28 April 2016 13:29
“We have to avoid situation of renewed uncertainty for Greece. We need date for Eurogroup meeting in not distant future. In days, not weeks”, was the comment of European Council PresidentDonald Tusk on Greek request for a Euro Summit after negotiations stopped in Athens on Tuesday (26.04.2016).
Bosnia Struggles to Get New IMF Loan
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- Category: Economy
- Published on Wednesday, 20 April 2016 10:40
Bosnian leaders will soon start debating the last conditions required for the country to get an urgently needed IMF loan.
IMF: Romania has a gross funding need of EUR 15.8 bln
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- Category: Economy
- Published on Tuesday, 19 April 2016 13:17
Romania has a gross funding need of 9.4% of the GDP for this year, namely the equivalent of EUR 15.8 billion, according to estimates of the International Monetary Fund (IMF), cited by local Profit.ro.
Read more: IMF: Romania has a gross funding need of EUR 15.8 bln
Tsipras, Hollande agree Greek review should be finished quickly
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- Category: Economy
- Published on Thursday, 14 April 2016 09:31
Prime Minister Alexis Tsipras and French President Francois Hollande agreed on Wednesday (13.04.2016) that Athens must fulfill its obligations and conclude the first review of Greece’s rescue package as quickly as possible – by next week if possible.
Read more: Tsipras, Hollande agree Greek review should be finished quickly
"Газпром" и частные турецкие компании-импортеры газа договорились о цене
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- Category: Economy
- Published on Thursday, 14 April 2016 09:17
МОСКВА, 13 апреля. /ТАСС/. ООО "Газпром экспорт" и частные турецкие компании-импортеры газа (Akfel Gaz, Avrasya Gaz, Bati Hatti, Bosphorus Gaz, Kibar Energy, Shell Energy, Enerco Enerji) в результате конструктивных переговоров достигли договоренности по цене на газ в текущем году, говорится в сообщении "Газпром экспорта".
Read more: "Газпром" и частные турецкие компании-импортеры газа договорились о цене
Enhanced cooperation needed between Visegrad Group & Western Balkans
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- Category: Economy
- Published on Tuesday, 12 April 2016 16:04
The refugee crisis and the fight against terrorism have made the EU and Western Balkans realise first-hand how interdependent we have become. Now is the time for enhanced engagement with the Western Balkans write Ditmir Bushati and Lubomír Zaorálek.
Read more: Enhanced cooperation needed between Visegrad Group & Western Balkans
Third bailout review talks with Greece posponed
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- Category: Economy
- Published on Tuesday, 12 April 2016 14:47
“The mission will return back to Athens after the end of the Spring meetings with the aim to finalize the discussions on the outstanding issues as soon as possible.”
Minister: Only 15% of local exporters have Romanian capital
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- Category: Economy
- Published on Tuesday, 12 April 2016 13:12
The key to stimulate exports is to increase the number of exporters, said the Economy Minister Costin Borc.
Read more: Minister: Only 15% of local exporters have Romanian capital
Greek talks with IMF/EU lenders drag on, compromise seen ...Fina
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- Category: Economy
- Published on Monday, 11 April 2016 07:26
Greece and its international lenders were edging closer to a compromise on signing off on a review of bailout reforms which could unlock more aid to the country, government sources said on Monday (10.04.2016), after marathon talks with creditors.
Read more: Greek talks with IMF/EU lenders drag on, compromise seen ...Fina
Turkish tourism sector expects $12 bln loss in revenue
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- Category: Economy
- Published on Sunday, 10 April 2016 14:29
Tourism representatives have said 2016 has been “much worse” than the predicted “worst case scenario,” noting the revenue loss in the sector would likely surge to $12 billion over the year.
Read more: Turkish tourism sector expects $12 bln loss in revenue
Banks Highlight Risks to Montenegro's Economy
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- Category: Economy
- Published on Friday, 08 April 2016 15:37
A report by four European banks warns that Montenegro’s economy faces significant structural, economic, and fiscal risks.
Lukoil invests USD 343 mln in offshore exploration in Romania
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- Category: Economy
- Published on Wednesday, 06 April 2016 18:03
Russian group Lukoil increased its capital expenditures on offshore projects in Romania’s Black Sea territorial waters by 81% last year, to USD 343.38 million.
Read more: Lukoil invests USD 343 mln in offshore exploration in Romania
Greece: Endgame for the IMF-EU Feud over Greece's Debt
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- Category: Economy
- Published on Wednesday, 06 April 2016 18:01
Greece hasn't been saved just yet, and the conflict between the International Monetary Fund and Europe is once again intensifying. Greece's former minister of finance Yanis Varoufakis expects a showdown between the IMF and Germany.
Read more: Greece: Endgame for the IMF-EU Feud over Greece's Debt
