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...
[Posted on :
2009-10-28 ] Category : [
Finance (General) ]
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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...
[Posted on :
2009-10-22 ] Category : [
Finance (General) ]
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Banking blunder hands out Belgian bonanza
Brussels - There were red faces in the Belgian Post Office on Thursday after a banking blunder handed out bonanza payments to some 50,000 unemployed people. The 40-million-euro (60-million-dollar) mistake came after the country's employment agency, C...
[Posted on :
2009-10-22 ] Category : [
Finance (General) ]
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Brussels seeks end to EU 'asylum lottery'
Brussels - Officials in Brussels on Wednesday called for common and fairer asylum rules within the European Union in order to offer refugees a higher level of protection. The proposals put forward by the bloc's top justice official, Jacques Barrot, a...
[Posted on :
2009-10-21 ] Category : [
Finance (General) ]
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Spanish premier clears first budget hurdle
Madrid - Spanish Prime Minister Jose Luis Rodriguez Zapatero on Wednesday secured sufficient initial support for the government's 2010 budget despite heavy criticism of his economic policies. Zapatero heads a minority Socialist government which depen...
[Posted on :
2009-10-21 ] Category : [
Finance (General) ]
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