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2016 will be a rocky year for the yuan

It wasn't so long ago that China was being accused of holding its currency down to boost exports. So it's ironic that the issue likely to dominate the G20 Finance Ministers Meeting in Shanghai on 26-27 February is how to deal with the...Show More Summary

Racist finance

Former Labor Minister Gary Johns on a racist government program - one that…

French Ex-Finance Minister’s Tax Evasion Trial Opens in Paris

Legal proceedings into the case of former French Minister of the Economy, Finance and Industry Jerome Cahuzac’s tax evasion opens on Monday in Paris.

Austrian Official Calls on EU Commission to Cover Costs of Hosting Migrants

Austrian Finance Minister Hans-Joerg Schelling requested the European Commission to provide 600 million euros ($670 million) to cover the costs of hosting refugees that do not fit within Austria's quota under the EU relocation plan, local media reported Saturday.

Russia May Require to Use Reserves If Oil Prices Remain at $30 Per Barrel

According to Russia's finance minister, Moscow may resort to using reserves should the oil prices remain at the level of $30 per barrel.

Austria's finance minister asks EU to cover costs of additional migrants

VIENNA (Reuters) - Austria's Finance Minister Hans-Joerg Schelling has asked the European Commission to provide 600 million euros ($670 million) to cover the costs of taking in additional refugees, a ministry spokesman said on Satur...

Russian Finance Ministry Proposes to Hike Excise Duties on Car Fuel

The Russian Finance Ministry proposed to increase excise duties on gasoline by 2 rubles ($0,025) and diesel by 1 ruble, starting from April 1, to raise the state budget, Finance Minister Anton Siluanov said Saturday.

VAROUFAKIS: A Brexit would be 'a further step towards the disintegration of the EU'

Greece's outspoken former finance minister, Yanis Varoufakis, has cautionary words for Britain over its possible exit from the European Union. Varoufakis, who ran Greece's economy during crucial bailout talks and resigned last year,Show More Summary

Ukraine needs new-look government, says outgoing economy minister

KIEV (Reuters) - Ukraine needs a new technocratic government led by the present finance minister to have any hope of pushing through long-promised reforms, the outgoing economy minister told Reuters on Friday, two days after his shock resignation.

UK deal mustn't hamper eurozone: France

Finance Minister says Paris would refuse a deal if it prevented strengthening of the eurozone.

PRIVACY UPDATE: Germany considers ban on all cash transactions greater than $5,450. Deputy financ…

PRIVACY UPDATE: Germany considers ban on all cash transactions greater than $5,450. Deputy finance minister Michael Meister said Wednesday that Germany would like to see a European solution, but could introduce a national limit if none is achieved, news agency dpa reported. He said “we can imagine a level of 5,000 euros.” Meister said there’s […]

Snapdeal To Go Public In India

A recent statement made by Jayant Sinha, the Finance Minister of India seems to have put the Indian startup industry giants into

European Petrol Tax: Will EU Drivers Be Forced to Pay for Refugees?

The German Finance Minister has put forth a new idea of a European tax on petrol to help finance the continent's efforts to manage the migrant crisis, winning support from European Commission Vice-President Valdis Dombrovskis, German newsmagazine Der Spiegel wrote on Saturday.

Leaked: Portugal’s budget warning letter

Portugal's new finance minister, Mario Centeno The complicated procedure and baffling code words that are part of the European Commission’s annual evaluation of eurozone budgets can sometimes make it seem like Brussels is intentionally...Show More Summary

UK PM Cameron under pressure over Google tax deal

By Tom Bergin LONDON (Reuters) - British Prime Minister David Cameron came under increasing pressure on Wednesday over a back tax deal agreed by Internet group Google that was hailed by his finance minister as a major success but dismissed as "derisory" by the opposition Labour Party. Show More Summary

Iraq says would consider deal on global oil cuts but it is still elusive

BAGHDAD (Reuters) - Iraq is ready to take part in an extraordinary OPEC meeting and even reduce its fast growing output if all OPEC and non-OPEC members agree - a deal which at this stage seems elusive, the country's finance minister said. Show More Summary

Israeli Defense Minister Calls On Turkey to Stop Funding Terrorism

Israeli Defense Minister Moshe Yaalon called on Ankara to stop financing terrorist groups.

Greece Calls Out Turkey for Being the Conduit of Terrorism Financing

Greek Defense Minister Panos Kammenos said that the bulk of oil coming from Islamic State terrorists passes through Turkey while most of terrorism financing flows go through Turkey as well.

The Paris Attacks Have Forced a European Rethink on Terror Finance

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As with many other acts of violence, the recent terrorist attacks in Paris have European leaders scrambling to come up with new strategies to prevent such bloodshed from happening again. The French and Dutch finance ministers have been...Show More Summary

Russian Anti-Crisis Plan Estimated at $1.25 Billion - Deputy Prime Minister

Russian Deputy Prime Minister said that financing of Russia’s anti-crisis plan is estimated at $1.25 billion.

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