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European Commission should simplify Financial Regulation further, say EU Auditors

Luxembourg, 30 January 2017

European Commission plans for changes to the Financial Regulation, which governs the operation of the EU Budget...

EIB Group increases support to Czech Republic by one third to EUR 619 million in 2016

27 January 2017

The European Investment Bank Group provided EUR 619 million in new loans, guarantees equity in the Czech Republic in 2016, o...

WTO rules in favour of the EU in dispute on Russian duties on light commercial vehicles

Brussels, 27 January 2017

A World Trade Organisation (WTO) panel today declared as illegal the Russian anti-dumping duties that hinder expor...

Modest economic growth not an indication of revived global demand – UN report

Photo:Cranes loading freighters on the Danube River, Bulgaria.

17 January 2017
A modest global recovery is projected for 2017-18 shou...

Swaziland to Scale-up its Capacity to Improve Service Delivery: World Bank approves $25 million for public sector performance

WASHINGTON, January 12, 2017

The Government of Swaziland’s efforts to improve its public sector performance today got a boost following the...

IMF Executive Board Approves New Two-Year €8.24 Billion Flexible Credit Line Arrangement for Poland

January 13, 2017

* Authorities intend to treat the arrangement as precautionary
* Poland continues to benefit from very strong economi...

UK government boost for Horseracing in Betting Levy Reform

14 January 2017

British Horseracing will benefit from mandatory contributions from all major gambling businesses that take bets on the sport...

World's jobless to rise amid economic uncertainty, growing inequality – UN labour report

Photo: Mirwais Zamkaniwal, sub-station manager of Afghanistan's Kabul Breshna power supplier on the job.

12 January 2017
The United N...

November 2016 compared with October 2016-Volume of retail trade down by 0.4% in euro area-Down by 0.1% in EU28

Brussels, 6 January 2017

In November 2016 compared with October 2016, the seasonally adjusted volume of retail trade fell by 0.4% in the eu...

New Year brings in new penalties for enablers of offshore tax evasion

1 January 2017

Accountants, bankers, lawyers and other advisors who enable offshore tax evasion will face tough new sanctions from today (1...