Europe

...world economy and acts as lender of last resort to governments that run out of money. It is funded by rich countries and largely run by the US and Europe. But as emerging economies like China pay more into the fund, there is growing pressure...

In this article: International Monetary Fund, European Union, Jean Claude Juncker, World Bank, Britain, Peterson Institute for International Economics, and Washington

...development of these types of biofuels. Spain is the third largest producer of bioethanol in Europe, after France and Germany, although its use still only represents 0.4% of total energy consumption. References: S. Gonzalez-Garcia, L....

In this article: Flax, European Union, Biofuel, Fossil fuel, E mail, Climate change, University of Leiden, and Autonomous University of Barcelona

...around 80 per cent of Russian gas bound for Europe. Tymoshenko pledged yesterday that Kiev would honour its commitments to supply Russian gas to Europe, Itar-Tass news agency reported. ''We are taking extraordinary efforts to pay for...

In this article: Vladimir Putin, Ukraine, International Monetary Fund, Yulia Tymoshenko, Natural gas, Moscow, Kiev, and Nord Stream

...in 2030, the European Commission says. Chizhov said Ukraine, through which much of Europe's gas from Russia is exported, will need "external financing" to pay for its gas supplies next year. The EU is ready to "stimulate" the European...

In this article: World Trade Organization, European Union, Russia, Dmitry Medvedev, Ukraine, and Natural gas

...from Russia. In January the row between Russia and Ukraine over unpaid gas left more than a dozen EU countries with gas shortages when Ukraine lifted gas from transit pipelines to Europe that cross the country. Last night, Mr Putin...

In this article: European Union, Ukraine, Vladimir Putin, Russia, International Monetary Fund, Gazprom, Liquefied natural gas, Recession, and Yuschenko

...thanks to a rebound in exports and more stable consumer spending. According to the IMF, the United States will experience a stronger recovery than Europe, but only through 2013. After that, U.S. growth will slow to the same rate as the...

In this article: EU, United States, Unemployment, Capitalism, NATO, Moscow, Germany, and Russia

...the tax base in order to reduce the budget deficit. "Estonia now has euro adoption within reach," Christoph Rosenberg, head of the IMF's mission to central Europe, told journalists. "But we're not there yet. Euro adoption...is not a...

In this article: IMF, Estonia, Revenue, Tax, Inflation, and Tallinn

...developing nations greater place at the expense of European nations, was likely and necessary, the Swiss central banker suggested. Roth predicted that economic growth was likely to be slow for up to five years in Europe, lagging behind Asia.

In this article: Swiss National Bank, International Monetary Fund, Asia, and Switzerland

...necessary. Naftogaz has not missed any payments since Prime Ministers Vladimir Putin and Yulia Tymoshenko brokered a deal in January to end a supply disruption that left large swaths of Europe without gas for several weeks. But external...

In this article: Vladimir Putin, Gazprom, Viktor Yushchenko, Ukraine, Interfax, and Moscow