International Monetary Fund

Pensions in Bulgaria will be increased by 9.6-9.7% from July next year, as per the Ministry of Finance's latest estimates, which are in line with the Swiss indexation rule. Initially, experts had predicted a smaller increase of 8.7%. As a result, the minimum pension is expected to rise to approximately 636-637 leva.

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated at the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru, on November 15 and 16 that inflation is decreasing across the US, Europe, and Asia. She noted that this reduction has occurred without triggering a recession, unlike previous inflation spikes.

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has mobilized a $3.6 billion investment package for Türkiye, in the fiscal year from July 2023 to June 2024.

A bill ratifying International Monetary Fund quota increases for member-countries was approved in the Greek Parliament's Standing Committee on Economic Affairs on Tuesday, and was tabled in the plenary on Wednesday.

Germany's economy unexpectedly grew in the third quarter, avoiding a technical recession, federal statistics office Destatis reported Wednesday.

Gross domestic product expanded 0.2 percent quarter-on-quarter, Destatis said, on the back of rising government spending and household consumption.

Hello, we’ve just come out of a satisfying long weekend for the October 28th holiday with a lot of traffic on the national highways as well as the Attiki Odos, which now inevitably needs to be expanded in the coming years because, simply put, it can’t hold us all anymore.

The strong interest in Türkiye clearly shows that the economic program is progressing on the right track, Finance Minister Mehmet Şimşek said, assessing his recent visit to the United States.

The US presidential election is always of great interest globally because of the influence that the global superpower wields with its foreign policy.

WASHINGTON - Serbian First Deputy PM and Finance Minister Sinisa Mali said Serbia would succeed in keeping its fiscal deficit below 3 pct over the course of a new three-year arrangement with the IMF and complete all planned projects.

Greek Finance Minister Kostis Hatzidakis told Reuters that the government will maintain fiscal prudence to safeguard its growth path and emergence from a debilitating debt crisis a decade ago, even amid higher wage demands by striking teachers and ferry workers.