text news(12292)

Category:

Belarusian children’s store eyes expansion

According to Belarusian tradition, a stork brings good fortune to the village it settles in while in western culture the stork is commonly associated with childbirth. more »

EBRD’s first investment in deposit insurance entity

The EBRD is helping to strengthen the financial sector in Bosnia-Herzegovina (BiH) with a €50 million credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA), the Bank’s first investment in a deposit insurance entity. more »

EBRD’s first investment in gas sector in Bosnia and Herzegovina

In its first investment in the natural resources sector in Bosnia and Herzegovina, the EBRD is providing a €17 million sovereign loan to finance the gasification of the Central Bosnia Canton. more »

EBRD supports private businesses in Armenia

The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for small and medium companies (SMEs). more »

European Commission: Lithuania Has Taken Effective Action

On January 27 the European Commission assessed the action taken by Lithuania, Malta, Latvia and Hungary in response to recommendations proposed by the Commission and endorsed by the Council in July 2009 in respect to the correction of their respective budget deficits. more »

First Solar Cell Factory Opened in Vilnius

The first solar cell production line was opened in Vilnius on 26 January. more »

Lithuania’s GDP Growth Largest in EU in Q3

EUROSTAT announced that Lithuania’s GDP rose by 6.1 % in the 3rd quarter of 2009 versus the previous quarter. more »

IMF Mission Reaches Preliminary Agreement on ECF1 Arrangement for Guinea-Bissau

An International Monetary Fund mission led by Mr. Paulo Drummond visited Bissau during January 12-27, 2010, to discuss the government’s medium-term economic program that could be supported by the IMF under the Extended Credit Facility. more »

IMF and World Bank Announce Debt Relief to the Republic of Congo

The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed to support US$1.9 billion in debt relief for the Republic of Congo, which includes US$255.2 million of debt relief from the two institutions. more »

Monetary survey and balance sheet of other MFIS, December 2009

In 2009, net external assets of Monetary Financial Institutions remained negative but increased by LTL 9.3 billion. more »

R&D at the heart of Europe's plans for economic recovery

Spain's Minister for Science and Innovation, Cristina Garmendia, supports making R&D+i at the heart of Europe as a key to economic recovery. more »

Exit strategy for public finances

Lithuania and Malta granted reprieve on budget deficits; Hungary and Latvia on track to meet deadlines. more »

World Anti-doping Agency's David Howman on fight against sports' cheats

The “shame” that athletes “bring on themselves, their family and their country” by using illegal drugs is something athletes don't consider according to David Howman, Director General of the World Anti-doping Agency. more »

Terrorists or passengers exposed? MEPs voice doubts on body scanners

Doubts over the merits of body scanners at Europe's airports were aired when MEPs discussed the issue on Wednesday (27 January). more »

European Earth Observation Programme under scrutiny

A European monitoring system that can detect floods and help target help in natural disasters like in Haiti is being discussed by MEPs. more »

MEPs set out fisheries policy reform priorities

More responsibility for fishermen, rules favouring good fishing practice and adjusting fisheries management models to complement and improve the traditional quota system should be among the key aims of common fisheries policy reform, say MEPs in an own-initiative report approved by the Fisheries Committee on Wednesday. more »

MEPs debate NATO's future role with Madeleine Albright

EU-NATO co-operation, the new international security environment, NATO's relations with Russia and "open door" policy, and the importance of winning public support when redefining NATO's role in the 21st century, were among the issues discussed by MEPs on Wednesday with Madeleine K. Albright and Jeroen van der Veer, Chair and Vice Chair of NATO's Strategic Concept Expert Group. more »

Overcoming Poverty Can Consolidate Peace in Sierra Leone, Zoellick Says

Overcoming poverty in Sierra Leone will be important for consolidating its peace because conflict had inflicted a heavy toll on infrastructure, basic services and traditional job-generating sectors like agriculture and fisheries, said World Bank Group President Robert B. Zoellick. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Yemen

On January 8, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Yemen. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Norway

On January 22, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Norway. more »