IMF Goes Soft on Bulgaria's PIP Company, Frowns on Budget ... read
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Business: 20 January 2005, Thursday. The International Monetary Fund is willing to step back and recognize the Public Investment Projects (PIP), a company that the Bulgarian government created in late 2004 to ...
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Â· 'PM and family complicit as troops loot forests'Â·  Watchdog says world's donors turn blind eye
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Zimbabwe has been urged to make sharp cuts in public spending to prevent a worsening of its economic crisis after a visit by the IMF to assess whether Harare should be expelled by the global lender.
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European complaints over a strengthening euro are falling on deaf ears in Washington, where officials see a weaker dollar as a key to unwinding global economic imbalances, analysts say.
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China hits back at the US over calls for greater transparency in Beijing's military spending.
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Bulgaria's president on Friday voiced doubts that the country's minority government is able to pursue consistent financial policies after Parliament twice altered its proposals of tax laws.
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Bulgaria's minority government was poised Monday to approve next year's draft state budget that envisions rapid growth, tax incentives and increase of incomes but is unsure to get enough support in the ...
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Business & money: The investment bank blames actions of single trading team for losses of $9.4bn
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Sirva is feeling the pinch as organizations look to spend less on employees based overseas.
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Bulgaria donated $56.6 million in Soviet-era debt owned by Libya as its contribution to a deal that led to the release of six medics convicted of infecting Libyan children with HIV.
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Bulgaria's President Georgi Parvanov on Friday blasted a law that cuts state fund financial assistance for people, who haven't regularly paid their health insurance.
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Bulgaria's first budget airline says that the government is driving it out of business.
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FRANKFURT Lack of fiscal discipline among some of the largest countries that use the euro is weakening the political will of new European Union member countries striving to join the euro club to keep their deficits in check, the European Central Bank said
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"We will respect the conclusions of the council of economic and finance ministers of the EU"  Russia has nominated Josef Tosovsky, a former Czech prime minister and head of that country's central bank, to head the International Monetary Fund, a move that puts the Kremlin and the European Union at odds. via The Jersey Journal
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Defenders of financial rigour in the European Union attacked Tuesday a German call for a radical overhaul of the eurozone's budget rules at a lively meeting of EU finance chiefs.
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The United States seeks to tip the scales in China. Plus: China curbs the spread of virtual money... the Turks turn off the 'Tube... and more.
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Workers sandblast decades of muck and grime off Bulgaria's imposing Palace of Justice. It's a fitting metaphor for the country's mad scramble to clean up rampant corruption and crime before it joins the European Union on Jan. 1.