international financial institution

The European Bank for Reconstruction and Development (EBRD) has improved its estimates of Romania's economy in 2019 and maintained its 2020 GDP forecast, according to a press statement released on Wednesday by the bank. According to the latest EBRD forecasts, Romania's economy is expected to grow 4pct this year, up from its previous estimates of May 2019's 3.2pct.

The low per-capita income on average represents the biggest issue regarding Romania's real convergence in view of joining the Eurozone (EZ), however, it's not a a formal criterion for euro accession, experts with the European Central Bank (ECB) believe.

The European Investment Bank (EIB) announced on Monday that is has agreed to lend 21.1 million euro to support the thermal insulation of 400 residential buildings in Sector 2 of Bucharest, a release of the international financial institution informed.

The World Bank chose Bulgaria for its future outsourced Shared Services Center, where 275 people will be recruited for up to five years. The government press service announced today that the Council of Ministers has supported the intention, quoted by Econ.bg

The European Bank for Reconstruction and Development (EBRD), in partnership with the Ministry of Economy and the Municipality of Varna, organizes an information business forum on "Do you want your business to grow? We have experts and know-how.

Thanks to the continued fiscal adjustment, Serbia is now running a significant fiscal surplus, the World Bank has said it a new report.

However, said the October 2017 Europe and Central Asia Economic Update Report, growth is slowing down in 2017, mainly due to unfavorable weather conditions - severe winter and a long drought - and a slowdown in investment.

Greek PM Alexis Tsipras spoke to newspaper “Greek News” published in the US before his official visit to the US and meeting with President Donald Trump. In the exclusive interview to Apostolos Zoupaniotis, Publisher/Editor of the Greek-American weekly newspaper “Greek News”, the PM outlined his goals in meeting with Mr.

"Electricity price hike to be discussed in August"

BELGRADE -- Prime Minister Aleksandar Vucic said on Tuesday he was "satisfied because of IMF's positive assessment of the situation in the Serbian economy."

Bosnia's authorities have launched a new dialogue with the IMF about another future arrangement with the international financial institution.

Continued financial support from IMF is crucial for Bosnia's financial stability, given its poor economic and social situation.

BELGRADE - The International Monetary Fund (IMF) has received no official proposal from the Serbian government to discuss a possible salary and pension increase in the wake of good fiscal results in the first three months, IMF Resident Representative in Belgrade Daehaeng Kim said on Wednesday.