IMF warns: Global economy faces rising threats

Business 27 October 2024 13:21

Growing vulnerabilities could add to the negative shocks to the global economy, according to a report by the International Monetary Fund (IMF), CE Report quotes Kosova Press.

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Moldova to Participate in Expo Osaka 2025

11 December 23:00

The Moldovan government has approved the country’s participation in the Expo Osaka 2025 World Exhibition, which will feature over 150 countries and is expected to attract around 28 million visitors over six months. Funding for Moldova’s participation will come from the budget of the Ministry of Economic Development and Digitalization (MDED).

Inflation in Romania Rises to 5.11% in November 2024

11 December 22:30

Romania's annual inflation rate climbed to 5.11% in November 2024, up from 4.67% in October, driven by price increases in food (5.11%), non-food goods (5.15%), and services (7.56%), according to the National Institute of Statistics (INS).

AmCham Bulgaria Opposes Proposed Tax on Mineral Industry in Draft 2025 Budget

10 December 23:55

The American Chamber of Commerce in Bulgaria (AmCham Bulgaria) has expressed strong opposition to a proposed tax on the country's mineral industry included in the draft State Budget for 2025. In a statement addressed to key government leaders, AmCham criticized the proposed "mineral extraction tax" as discriminatory and harmful to Bulgaria's economic and investment climate.

European Commission Announces €60 Million Support for Moldova

10 December 21:38

European Commission President Ursula von der Leyen announced a €60 million support package for Moldova, aimed at justice reform and economic stability. The announcement followed her meeting with Moldovan President Maia Sandu in Brussels.

Greek Minister Highlights Low Food Inflation and Announces Market Measures

10 December 19:00

Greek Development Minister Takis Theodorikakos informed parliament on Tuesday that food inflation in November was 0.6%, one of the lowest rates in the EU, according to the Hellenic Statistical Authority.

Bulgaria Advances Energy Infrastructure with Two New European Corridors

10 December 17:00

The CEO of Bulgaria's Electricity System Operator (ESO), Angelin Tsachev, emphasized the importance of infrastructure development to attract investment and enhance the country's energy capabilities.

Global Markets Mixed Amid Political Turmoil and Geopolitical Tensions

9 December 23:00

Global markets displayed mixed performances last week as optimism about a soft landing for the US economy was tempered by political crises in South Korea and France, as well as rising geopolitical tensions in the Middle East.

U.S. to Donate Digital System for Strategic Goods Control to Moldova

7 December 15:22

The control of export and import of strategic goods in Moldova is set to be digitalized with the introduction of the Stratlink electronic authorization system. The system will be donated by the U.S. Department of State to Moldova’s Public Services Agency (ASP).

Bulgarian Central Bank Governor Warns Against Tax on Banks' Excess Profits

6 December 23:55

The proposal to impose a tax on banks' excess profits poses significant risks not only to the banking sector but also to the country’s economic activity and financial stability, warned Bulgarian National Bank (BNB) Governor Dimitar Radev. He made the statement during a celebration organized by the Association of Banks in Bulgaria (ABB) on Bankers' Day.

Amazon Faces Lawsuit Over Exclusion of D.C. Neighborhoods from Prime Delivery

6 December 22:35

Amazon is being sued for allegedly excluding two Washington D.C. neighborhoods, ZIP codes 20019 and 20020, from its Prime fast delivery service despite charging residents full subscription fees, the D.C. Attorney General’s Office announced Wednesday.

IMF warns: Global economy faces rising threats

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