Search Results for: Austria
Financing IMF Transactions Quarterly Report
May 13th, 2015
IMF credit is extended to its members in both foreign exchange and SDRs. Credit extended in foreign exchange is financed from the quota resources made available to the IMF by members, and essentially involves a transfer of foreign exchange ...
Top news of the day
May 12th, 2015
1. Greece made a repayment of 750 million euro to IMF. Progress is made but work needs to be done. The move came after a what seemed a rare good news day in terms of talks between Greece and its lenders ...
Euro area annual inflation up to 0.0%
April 30th, 2015
Euro area(1) annual inflation(2) is expected to be 0.0% in April 2015, up from -0.1% in March(3) , according to a flash estimate(4) from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
Varoufakis Said to Take Hammering From Riled EU Ministers
April 24th, 2015
Greek Finance Minister Yanis Varoufakis was heavily criticized by his euro-area colleagues amid mounting frustration at his refusal to deliver measures to fix his country’s economy and release financial aid, according to three people familiar with the talks. Euro-area ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
OECD Taxing Wages 2015 Report
April 14th, 2015
Taxes on wages have risen by about one percent for the average worker in OECD countries between 2010 and 2014, even though the majority of governments did not increase statutory income tax rates, according to the Organisation for Economic ...
Is The Whole World Slowing Down?
April 6th, 2015
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the debt-induced crisis of 2008-2009, the world borrowed another $57 trillion. ...
Bahamas Signs New AIFMD MoUs
April 6th, 2015
The Bahamas Securities Commission has signed Memoranda of Understanding (MoUs) with the securities regulators of Cyprus, Austria, and Spain, to open up market access for fund managers under the European Union Alternative Investment Fund Managers Directive (EU AIFMD). The ...
Antitrust and Other Inquiries in Europe Target U.S. Tech Giants
April 3rd, 2015
It is not a good week to be a giant American tech company in Europe. The European antitrust investigation into Google appears to be heating up. More European countries are looking into Facebook’s privacy settings. And Apple, which already is ...
Switzerland, EU to tackle tax evasion
March 20th, 2015
Bern and Brussels have clinched a deal to exchange bank account data in an effort to tackle tax fraud. The agreement comes after a recent report exposed the global economic damage caused by offshore accounts. Switzerland and the European ...
