International economics

The IMF head of Communications Office, Gerry Rice has denied a report by Reuters news agency that it would abandon the Greek bailout program and take on an advisory role.

The International Monetary Fund will not join the Greek bailout program but will likely accept a special advisory status with limited powers that keeps it at the table, two senior sources with direct knowledge of the proposals said.

A group of 10 European Union countries, including Greece, that support a common financial transactions tax (FTT) will meet on Monday in Luxembourg to discuss the issue but no breakthrough is expected yet, two EU officials said on Friday.

I am travelling to Spain for a conference where we will be talking about European values and the EU's role in regional and global foreign and security politics.

The International Monetary Fund on Oct. 4 said protectionist political trends risked "turning back the clock" on free trade, warning of a low-growth future for the global economy.
In its new World Economic Outlook report, the global crisis lender also sounded an alarm over what it called a "dangerous" credit binge in China.

IFC, a member of the World Bank Group, has said it had a fourth consecutive record year in Turkey, investing $1.8 billion to support sustainable energy and infrastructure development, improve municipal services, promote local capital markets and help Turkish companies increase competitiveness and impact, in a written statement on Sept. 26. 

25-May-2016 09:21 BELGRADE - The dinar dropped by 0.1 percent against the euro on Wednesday, making the official medium exchange rate RSD 122.9087, the National Bank of Serbia (NBS) said in a statement.

The dinar (RSD) lost 0.1 percent of its value against the euro (EUR) on Friday, with the official middle exchange rate at RSD 122.8154, the central bank said.

Against the single European currency, the dinar has dropped 0.1 percent on the month, and 1.8 percent on the year.

Foreign trade figures for January released at the beginning of this week have revealed that the deficit has decreased 13.4 percent from $4.343 billion to $3.762 billion. In parallel with the declining foreign trade this year, the current account deficit is expected to continue shrinking.

The dinar (RSD) strengthened against the euro (EUR) by 0.1 percent on Friday, setting the official middle exchange rate at RSD 121.8943.

The National Bank of Serbia (NBS) also said that against the single European currency, the national currency is 0.2 percent down on the month and 0.3 percent up on the year.