The German government will pursue a new package of economic stimulus measures next year that will focus on infrastructure projects such as schools and roads, German Chancellor Angela Merkel said on Friday.
Japan cut interest rates to just above zero on Friday and announced extra steps to ease a credit crunch that has ravaged companies worldwide and plunged leading economies — including its own
The Cyprus House of Representatives, after a three-day debate, approved late Thursday the 2009 state budget, which provides for EUR7.3 bln in expenditure, up 10.6% compared to 2008, and revenue of EUR
The Autumn Eurobarometer shows that general attitudes of citizens towards the EU have, overall, remained stable while their perception of the economic situation and outlook was dramatically affected by the financial crisis.
The European Parliament plenary approved here today by a vast majority the EU 2009 budget. The level of payments is set at 116.096 billion euro which amounts to 0.894 percent of the
The Cypriot authorities will be receiving 7.6 million euros from the EU Solidarity Fund, towards covering damage caused by the drought in Cyprus. The European Parliament gave the go ahead for the
The Inland Revenue Department (IRD) revenue for the period January – November 2008 advanced marginally by 0.8% Year-on-Year to EUR 1.8 bln. The marginal improvement is mainly attributed to the higher revenues
British labour restrictions on Romanian and Bulgarian workers will remain in place, the government announced on Thursday. The economic downturn meant British workers' jobs had to be protected first, it said. "It
Greek marchers hurled firebombs and stones at police outside parliament on Thursday while unions grounded flights and shut down public offices in a 13th day of anti-government protests since police shot dead
The IMF cautiously forecast a U.S. recovery by early 2010 and a British central banker said on Thursday UK interest rates could hit zero, a level Japan's are forecast to drop closer
