International Monetary Fund

BELGRADE - Serbian Finance Minister Sinisa Mali and EBRD Director Rosmarie Schlup held an online meeting on Monday to discuss a joint investment into a Belgrade-Nis-Presevo railway line section and a project aimed at providing financial assistance to Serbia's national electric power company EPS.

Christos Staikouras was named Finance Minister of the Year 2023 for Europe by The Banker magazine of the Financial Times group, whose awards celebrate the officials that have best managed to stimulate growth and stabilize their economy.

Harmonized inflation in Greece "fell" to 9.8% in October, according to Eurostat data. At the same time, the consumer price index in the eurozone increased by 10.7%, setting a new record.

Barring extreme scenarios, the Greek economy is not expected to enter a recession in 2023. Or will it? For Greece, numerous analyses predict that in 2023 a strong growth of around 6% will be recorded, and for 2023 close to 2%, while the Eurozone and Germany are entering recession. Recently, there is a major outlook revision for the Eurozone economy.

The International Monetary Fund (IMF) and the Tunisian government have reached a tentative agreement to unblock a $1.9 billion loan as the North African country faces grave economic and political challenges.

Washington – Global economy is in trouble, but given the circumstances Slovenia is in a relatively good financial and economic shape, Finance Minister Klemen Boštjančič and Banka Slovenije Governor Boštjan Vasle said at the end of the a meeting of the IMF and World Bank in Washington, US. The talks focussed on inflation.

Treasury and Finance Minister Nureddin Nebati has held a meeting with the senior executives of Goldman Sachs in Washington, D.C.

The next steps of EU member states to deal with high energy prices was at the focus of the meeting of the informal Council of European Energy Ministers held in Prague.

Ukraine said on Oct. 13 it had reclaimed more territory in the south and welcomed a Western pledge to deliver air defense systems to Kiev "as fast as we can" after days of intense Russian missile strikes.

A US-led group of around 50 countries held talks at the NATO headquarters in Brussels and vowed to deliver new anti-missile systems to Kiev.

Global growth is expected to slow further next year, the International Monetary Fund (IMF) has said, downgrading its forecasts as countries grapple with the fallout from Russia's invasion of Ukraine, spiraling cost-of-living and economic downturns.