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Poland want to cut budget deficit by reducing pension payments
Warsaw - Poland wants to reduce its deficit by reducing payments to private pension funds while keeping that money in the state's social insurance company ZUS, the Finance Ministry said Wednesday. Under the proposal, private pension funds would recei...

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[Posted on : 2009-11-04 ] Category : [ Finance (General) ]

IMF unfreezes standby loan after Serbia promises spending cuts
Belgrade - The International Monetary Fund (IMF) will unfreeze funds from a 4-billion-dollar standby loan to Serbia, which in return must curb spending and reform its social care system, officials said Wednesday in Belgrade. The head of the IMF missi...

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[Posted on : 2009-11-04 ] Category : [ Finance (General) ]

IMF recommends Iceland keep currency controls
Reykjavik - The International Monetary Fund (IMF) has recommended Iceland maintain currency controls for the time being in order to ensure a stable currency, according to a report released Tuesday. The Icelandic central bank published the 98-page rep...

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[Posted on : 2009-11-03 ] Category : [ Finance (General) ]

Hong Kong's best-known war reporter fights for her life savings
Hong Kong - The family of Hong Kong's most celebrated war correspondent Clare Hollingworth said Sunday they were taking bankruptcy proceedings against a public relations consultant who withdrew 200,00 US dollars of her savings. Legal papers were serv...

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[Posted on : 2009-11-01 ] Category : [ Finance (General) ]

Norwegian central bank raises rate to 1.50 per cent
Oslo - Norway's central bank on Wednesday raised its benchmark interest rate by 0.25 percentage points to 1.50 per cent, citing slightly higher inflation and signs of economic recovery. Unemployment is considerably lower than previously projected. T...

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[Posted on : 2009-10-28 ] Category : [ Finance (General) ]

Liechtenstein reworks tax information sharing with Belgium, Antigua
Vaduz - The principality of Liechtenstein announced Monday that it had negotiated agreements on sharing tax information with Belgium and Antigua and Barbuda, part of an ongoing effort to meet openness standards demanded by other nations. Once signed,...

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[Posted on : 2009-10-26 ] Category : [ Finance (General) ]

Estonia may need deeper budget cuts to adopt euro, says IMF
Tallinn - The Baltic state of Estonia may need to make deeper-than-planned cuts to its public spending if it is to qualify for euro adoption in 2011, a representative of the International Monetary Fund (IMF) said Monday. Speaking at the conclusion of...

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[Posted on : 2009-10-26 ] Category : [ Finance (General) ]

Chinese, Egyptian arrested in Hungary over fake 100-dollar bills
Budapest - Hundreds of fake US banknotes were seized after a Chinese citizen tried to deposit 60,000 dollars of the forged bills into a personal account, Hungarian police said Thursday. The suspect, who runs a store in the town of Siofok, 100 kilomet...

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[Posted on : 2009-10-22 ] Category : [ Finance (General) ]

IMF mission begins reviewing Serbia's standby loan arrangement
Belgrade - An International Monetary Fund (IMF) mission on Thursday began reviewing Serbia's economic policies, with two tranches of a 4-billion-dollar standby loan hinging on its verdict. The IMF and Serbia agreed to the two-year loan in March. The ...

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[Posted on : 2009-10-22 ] Category : [ Finance (General) ]

IMF gives Belarus 700 million dollars, praises Lukashenko
Minsk - The International Monetary Fund (IMF) loaned Belarus 700 million dollars, with fund managers praising the planning skills of the country's authoritarian leader Aleksander Lukashenko, the Belapan news agency reported Thursday. The IMF credit w...

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[Posted on : 2009-10-22 ] Category : [ Finance (General) ]

Lahm: Bayern Munich need a football philosophy - Summary

Two dead after tunnel collapse in Andorra

Matthaeus feels treated badly in his native Germany

Brown proposes financial market tax at G20 meeting - 2nd Update

Son's six-legged chicken project worries Taiwanese minister

Top US security man sceptical about Afghan troop build-up: Spiegel

From Russia with aggravation: Cop airs complaints to Putin online

Seven Afghan forces, civilian killed in NATO airstrike - Summary

Tehran police: More than 100 arrested at opposition rally

Czech premier turns down nomination for EU executive

Economic recovery, climate change tops G20 meeting - Update

Lebanon's rival factions agree on national unity cabinet - sources

Two punters crack 100-million-euro lottery jackpot in Britain

Seven Afghan forces killed in NATO airstrike: Defence ministry

Arunachal to host Dalai Lama despite China's protests - Feature

EXTRA: Obama: Attack on military base

Pakistani troops kill 12 Taliban in Waziristan offensive

November 9, 1989 was 'luckiest day'of German history, says Merkel

French pair to battle for Bali honours

Head of GMEurope may switch to India's Tata: media reports