All articles for the topic: money

URI: 
http://vocabulary.semantic-web.at/CBeurovoc/C1969
Alternative labels: 
currency

Example 15.07.16

Budget deficit, size of the public sector and majority voting

Jens Siebel (University of Siegen)

Introduction

E.C.B. Stimulus Calls for 60 Billion Euros in Monthly Bond-Buying

FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an aggressive — though some say belated — attempt to prevent the eurozone from becoming trapped in long-term economic stagnation.

Danger zone: Chasing West Africa’s pirates

Take a boat ride out from the Nigerian port of Lagos and it is easy to see why piracy, sea robbery and other forms of maritime crime are such a problem.

The ocean is swarming with cargo ships, oil tankers, barges and other vessels waiting for permission to enter the overcrowded port.

Great hulks of rusting metal, anchored and sitting low in the water, almost as if they are inviting pirates to sling their ladders over the side and clamber up on board.

"It was 14 August 2014," says Nigerian navigation officer Rotimi George.

HSBC's private banking arm accused of tax fraud by Belgium

Authorities in Brussels have charged HSBC's private banking arm, which is based in Switzerland, with helping wealthy Belgians to avoid taxes.

Prosecutors allege that hundreds of clients - including diamond dealers in Antwerp - moved money to offshore tax havens with the help of the bank.

They said it resulted in hundreds of millions of euros in lost tax revenue.

In August, HSBC warned that the penalties in relation to such allegations "could be significant".

EU must focus on getting better results from its spending

In its annual report on the EU budget published today, the European Court of Auditors (ECA) warns that the budget system is too focused on just getting funds spent and needs to place more emphasis on achieving results. As independent auditor, the ECA signed off the 2013 accounts of the European Union, but stresses that the management of EU spending is not yet good enough overall - either at EU level or in the Member States.

 

France, Germany and Italy unite over job creation plan

The leaders of France, Germany and Italy have pledged to commit some 6.4 billion euros towards tackling youthunemployment.

UN scheme to boost Syrian children’s education given $316m donation

More than $316m (£193m) was pledged on Wednesday to support Syrian children affected by the conflict as part of a UN-led initiative to alleviate the impact of the crisis on young people.

The EU pledged $145m, the US $90m and the UK $81.6m to the No Lost Generation initiative, which was launched last year by a consortium of UN agencies, NGOs and international donors.

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