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Hahn and Kurz praise Serbia and Vucic

By   /  20/01/2017  /  Finance, Headlines, Politics, RS Finance, RS Politics, Serbia  /  No Comments

rs

The Western Balkans countries should look up to Serbia which has achieved good economic performance, European Union’s enlargement commissioner Johannes Hahn said today after meeting prime minister Aleksandar Vucic on the margins of World Economic Forum in Davos. Hahn added he was hopeful that EU would soon open new chapters in accession negotiations with Serbia. […]

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Greek shipowners urge government to safeguard shipping competitiveness

By   /  19/01/2017  /  Business, Finance, GR Business, GR Finance, GR Politics, Greece, Politics  /  No Comments

Veniamis GR

The President of Greece’s Union of Shipowners, Theodoros Veniamis, called on the Greek government and the country’s Seamen Unions to allow the maritime labor market to become internationally competitive by overcoming industrialist obstructions. Greece has continued to strengthen its position as the largest ship owning nation in recent years, controlling some 18% of the world […]

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There will be no pay cuts, says Kosovo’s Finance minister

By   /  19/01/2017  /  Finance, Kosovo, XK Finance  /  No Comments

hoti

Kosovo’s Finance minister, Avdullah Hoti said in a press conference that the new bill on salaries will not affect people employed in the civil sector. “I would like to assure everyone that there will be no pay cuts. The new bill only aims at harmonizing salaries for officials who do the same job”, he said. […]

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Greece exceeding bailout program targets – Fin Min

By   /  19/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  No Comments

Tsakalotos

Greek Finance Minister, Euclid Tsakalotos, expressed optimism on Wednesday that Athens is on track to conclude the review of its bailout program, despite negotiations currently being on hold due to the differences of opinion between the International Monetary Fund (IMF) and European creditors over the goals of the program. “If we continue exceeding targets like […]

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Slovenia takes out EUR 1.3bn in fresh debt

By   /  18/01/2017  /  Finance, SI Finance, Slovenia  /  No Comments

sl

Slovenia has issued a new EUR 1bn ten-year bond due in March 2027 with a coupon rate of 1.250% plus a EUR 300m tap on its 30-year bond due in August 2045 whose yield is 2.428%, the Finance Ministry has said. The ministry expressed satisfaction with both issues and the demand they attracted, which it […]

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Budget deficit at EUR 687m in 2016, significantly below plans

By   /  17/01/2017  /  Finance, SI Finance, Slovenia  /  No Comments

sl

Slovenia recorded a budget deficit of EUR 689m in 2016, significantly below the EUR 839m budgeted for the year, according to preliminary data released by the Finance Ministry on Tuesday. Excluding interest expenditure, which amounted to EUR 1.06bn, the budget had a surplus of EUR 346m. Budget revenue totalled EUR 8.31bn, over four percent less […]

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Analysis/Confidence of Albanians in the economy grows

By   /  17/01/2017  /  AL Finance, Albania, Finance, Headlines  /  No Comments

ibna2

Last year marked a pessimistic start for many Albanians. They were skeptic on the economic situation in the country. Businesses also had negative expectations. But the second quarter of 2016 changed things. Economic growth was evident and consumption saw an increase. Based on these facts, consumer and business confidence on the economy of the country […]

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FYROM continues to borrow, experts raise the alarm

By   /  17/01/2017  /  F. Y. R. O. Macedonia, Finance, Headlines, MK Finance  /  No Comments

euros

6.5 million euros will be the value that the Ministry of Finance in FYROM will borrow today by selling T-bills at an interest rate of 2,1%. This auction is the second one from the start of this year. Last week the government took out a loan amounting to 31,7 million euros, 16 million euros more […]

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ESR to begin deliberations over TV licensing procedure

By   /  17/01/2017  /  Business, Finance, GR Business, GR Finance, GR Politics, Greece, Politics  /  No Comments

Ôï êôßñéï ôïõ Åèíéêïý Ñáäéïôçëåïðôéêïý Óõìâïõëßïõ.

Following the recent announcement of the Council of State decision which found that the law on which the government tender for television broadcasting licenses was based contravenes Greece’s Constitution, the only competent authority to issue TV licenses is the National Council for Radio and Television (ESR). The ESR is now expected to begin a round […]

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1, 841 businesses shut down in Kosovo

By   /  13/01/2017  /  Finance, Kosovo, XK Finance  /  No Comments

businesses

Kosovo’s Central Bank (BQK) has announced that the number of new businesses registered until September 2016 was 8,173 or 820 businesses more than the previous year, while the number of businesses that was shut down for the same period was 8,173 or 606 businesses more than the previous year. The latest data published in the […]

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