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IMF

Monte dei Paschi bank

World’s oldest bank is on the point of collapse

18/07/2016(0)
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking ... Read More
deutsche-bank

German Deutsche Bank faced threat of bankruptcy

11/07/2016(0)
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the ... Read More
greece unemployment

Greece’s jobless rate rises to 24.9 pct in first quarter

16/06/2016(0)
Greece’s jobless rate rose to 24.9 percent in January-to-March from 24.4 percent in the last year’s final quarter, data from the country’s statistics service showed on Thursday. The highest ... Read More
bitcoin

Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO

17/05/2016(0)
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. ... Read More
brexit_plane

IMF warns on “very bad” consequences of Brexit

16/05/2016(0)
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most ... Read More
greece

Greece adopted a controversial package of pension cuts and tax hikes

09/05/2016(0)
Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next ... Read More
bank-of-israel

Bank of Israel: Israel’s Foreign exchange reserves increased in April

06/05/2016(0)
Israel’s foreign exchange reserves at the end of April 2016 stood at $95,685 million, an increase of $904 million from their level at the end of the previous month. ... Read More
IMF logo

IMF lowers Gulf economic growth forecast with ‘substantial measures needed’

25/04/2016(0)
Growth in the Arabian Gulf will slow to 1.8 per cent this year as low oil prices take their toll on budgets, which will lose $140 billion in export ... Read More
lagarde_tsakalotos_web-thumb-large

Athens prepares for fresh round of bailout talks, possible extra measures

18/04/2016(0)
Prime Minister Alexis Tsipras is holding a series of meetings on Monday ahead of the return of Greece’s lenders to Athens for the first bailout review. Tsipras is speaking ... Read More
European Commission

European Parliament to host blockchain conference

18/04/2016(0)
The European Parliament is set to host a four day conference on virtual currencies and blockchains as it seeks to educate MEPs about the fast-growing world of distributed ledgers. ... Read More
Broker Cyprus TopFX