Economy

By Tasos Telloglou

The agreement between Greece and the United States Internal Revenue Service, providing for the mutual exchange of data regarding bank deposits, is in its final stretch.

 European lender will wait and see whether the next government is focused on the country?s commitments

By Evgenia Tzortzi

Any European Central Bank quantitative easing program would help Greece?s economy but would not be enough to solve its liquidity problems, Finance Minister Gikas Hardouvelis said on Tuesday.

?A quantitative easing program alone is not enough to solve the Greek economy?s liquidity problems,? Hardouvelis said at an economic conference in Athens.

VIENNA- Serbia is conducting a three-year fiscal consolidation program and expects support from the World Bank (WB) in a number of reform projects, Serbian Finance Minister Dusan Vujovic said Tuesday at the Central and Eastern European Forum 2015, a Euromoney conference taking place in Vienna.

BELGRADE - The Standard & Poor's (S&P) credit rating agency has affirmed Serbia's BB- credit rating with negative outlook, the Public Debt Administration of the Ministry of Finance announced on Tuesday.

Istanbul is an historical economic power and London is the capital city of the modern economy, and the unity of these two cities is important for both the European and the global economy, Turkish Prime Minister Ahmet Davuto?lu said on Jan. 20.

Westinghouse Electric Company has been accepted this week as full member of the Bulgarian Business Leaders Forum (BBLF) at the Board Meeting.

Turkey's Central Bank lowered its main interest rate by 50 basis points yesterday in response to slowing inflation and in the face of increased political pressure for softer monetary policy before a June parliamentary election.

The budget for direct payments for farmers in 2015 is estimated to be BGN 1.4 B, as stated by the Minister of Agriculture and Food, Desislava Taneva.

She made the announcement at a press conference and thus introduced the campaign for euro subsidies starting on March 1.