Portugal
The IMF announced the dangers threatening the world economy
June 20, 2011Mariana Puzderi/ Chișinău / Moldova.ORG / -- Experts from the International Monetary Fund (IMF) warned of increasing risk level, threatening the global economy. Among the reasons for particular concern are indicated the ongoing debt crisis in Greece...
Portugal bail-out terms discussed by finance ministers
April 08, 2011The European Union will discuss the size and terms of Portugal's bail-out on Friday after receiving a formal request for aid late on Thursday. EU finance ministers at a two-day summit in Budapest are likely to consider the scope of a potential deal....
Portugal approves austerity budget
November 26, 2010Portugal has become the latest European nation to trim social welfare spending and raise taxes in an effort to control its burgeoning national debt. Portugal's minority socialist government on Friday approved a 2011 budget that will cut public spending...
May 21, 2010By Peter Simpson Asian markets slipped following Thursday's big falls in the United States and Europe. The normally insulated Chinese markets also dived before recovering, as nerves remain on edge over the worsening debt crisis in some European Union...
Currency crisis wider and deeper than Euro-zone
May 19, 2010By Sonja Pace Financial markets remain jittery and the euro has continued to decline despite a $1 trillion aid package, put together by the European Union and the International Monetary Fund, to stabilize the currency. It was a crisis that began in Greece...
Not just Greece, not just money
March 10, 2010By Ian O. Lesser The Greek crisis is the product of decades of mismanagement in public finance, a lack of transparency, and the pitfalls of sovereign debt in an age of credit default swaps. But the resolution of this crisis and others of differing...
Remittances to Moldova decrease by more than 30 percent
August 19, 2009The volume of money transfers through banks from Moldovan' physical persons, who work abroad, exceeded US$515.03 million for the first half-year - 31.8% more against the same period of 2008. According to the data by the National Bank of Moldova (NBM...