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Tag Archives: reach

Jordan, IMF reach staff-level deal on final review to approve $400m

AMMAN: The International Monetary Fund (IMF) announced Wednesday that its mission for Jordan has reached a staff-level agreement on the seventh and final review under the 36-month Stand-By Arrangement (SBA). This agreement is subject to approval of the IMF’s executive board, which is scheduled to consider the review at the end of July. Board approval would make available to Jordan ... Read More »

Greece fails to reach agreement with creditors in latest talks

ATHENS: The latest round of talks between the Greek government and EU officials in Brussels has failed to reach an agreement with Germany warning that time is running out. A European Commission spokesman said that progress was made on Sunday, but “significant gaps” remained. The European Union, which holds the vast majority of Greek debt, wants Athens to make spending ... Read More »

Polish Export may reach $500b before 2030: Oxford Economics

WARSAW: Polish exports will grow by 5-6 percent per annum in the coming years and its value may reach $500 billion until 2030, according to estimates by analytical institute Oxford Economics for HSBC bank. Poland will experience greater diversification of export destinations and its commodity structure will evolve towards more technologically advanced products. Read More »

3 dead 200 Migrants reach at Rhodes Island: Customs

ATHENS: According to Customs authority, a boat arrived on the Greece island of Rhodes earlier this morning, carrying more than 200 illegal migrants and authorities stated that after a boat hit a reef at Zephyros beach in Rhodes and the migrants started to flee to the shore, jumping into the sea, without waiting for help. It is estimated that around ... Read More »

Greece imports 65% of natural gas from Russia

ATHENS: The Greece’s Prime Minister Tsipras said  that “Greece imports around 65% of its natural gas from Russia, we intend to deepen energy cooperation with Moscow”. The Russian government is also willing to discuss with Greece the possibility of a loan and a discount on the price of gas, according to a Sputnik report. Greece Prime Minister Alexis Tsipras visiting Moscow ... Read More »

Vietnam seafood exports reach US$1.27 billion

HANOI:  Vietnam Association of Seafood Exporters and Processors (VASEP) has estimated that the country’s total seafood export turnover in the first quarter reached US$1.27 billion, down 23 percent compared to the same period in 2014. That is the biggest drop in the past five years, VASEP said. The value of two major Vietnamese export items shrimp and pangasius fell sharply ... Read More »