Europe

World Finance speaks to Professor Massimo Merlino and Daniele Guidi from Banca CIS to discuss San Marino's economic potential

Banca CIS on San Marino’s economic potential

World Finance speaks to Professor Massimo Merlino and Daniele Guidi from Banca CIS to discuss San Marino’s economic potential

The Republic of San Marino is a small state inside Italy, yet is renowned for its banking sector. One bank that has firmly built its routes there is Banca CIS. World Finance speaks to Professor Massimo Merlino and Daniele Guidi from the company to discuss...

A panel of esteemed experts met at the World Economic Forum meeting in Davos yesterday to discuss Europe's goal to raise competitiveness

Let’s talk about Europe

A panel of esteemed experts met at the World Economic Forum meeting in Davos yesterday to discuss Europe’s goal to raise competitiveness

A panel, comprising members of the political spectrum, business community and public servants gathered at the World Economic Forum (WEF) meeting in Davos yesterday to discuss the ways in which European leaders can craft a long-term strategy for competitiv...

There are numerous challenges facing Europe’s lacklustre economy, not least of which being the region’s inflexible labour markets and horrific youth unemployment situation

Davos update: problems remain for Europe

There are numerous challenges facing Europe’s lacklustre economy, not least of which being the region’s inflexible labour markets and horrific youth unemployment situation

2013 was widely cited as the year in which Europe’s economic prospects returned, however, regardless of credit spreads having narrowed, break-up speculation receded and stock prices climbed, questions remain about the continent’s recovery or lack ther...

Private sector output contracts sharply in France

New figures reveal drop in output in November, and come days after news the economy shrunk in the last quarter

It might not come as a complete surprise that the French economy continues to struggle, but new figures that reveal just how much the private sector is shrinking in the country are pretty shocking. Research by Markit Flash has revealed that market outp...

Greek privatisation suffers setback

A scandal involving the Greek privatisation agency chairman has forced him into resignation, impacting on the country’s ongoing privatisation programme

Stelios Stavridis, the chairman of Greece’s privatisation agency has been forced to resign after Greek newspaper Proto Thema divulged he has been utilising a private jet, owned by a purchaser of state assets. The buyer that granted Stavridis free use...

Crowds gathered in the Croatian capital of Zagreb to celebrate their country’s official admittance into the European Union. Is the party justified?

Croatia joins the party

Crowds gathered in the Croatian capital of Zagreb to celebrate their country’s official admittance into the European Union. Is the party justified?

The former Yugoslav republic became the 28th country to join the EU at midnight, in what President Ivo Josipovic called “a great and joyful day for our homeland”. “This the day when we open a new chapter in the thick book of our history,” he sa...

Cyprus’ new investment horizon

Merit Kapital, a Cyprus-based investment firm, offers specialised services that are able to match Western capital markets and growth levels

Following the burst of the dot-com bubble in 2000-01, the chairman of the US Federal Reserve at the time, Alan Greenspan, decreased interest rates three times in an effort to avert a recession in the US and boost domestic economic activity. Some continue ...

Turkey’s economic promise

Domestic and international investment prospects in Turkey are booming thanks in part to progressive government policy and low levels of private sector debt

In recent years, Turkey’s economic and political outlook has gone through a major paradigm shift, which should allow the Turkish equity market to graduate from its current standard of trading – at a discount to global emerging markets – to premium t...

World Finance interviews Jean-Patrick Marquet, Director of Municipal and Environmental Infrastructure at the European Bank for Reconstruction and Development

Jean-Patrick Marquet on the Sofia Water System | EBRD

World Finance interviews Jean-Patrick Marquet, Director of Municipal and Environmental Infrastructure at the European Bank for Reconstruction and Development

The Sofia Water System concession was Bulgaria’s first major public-private partnership in the water sector. Jean-Patrick Marquet outlines the aims of the project, explains how the European Bank for Reconstruction and Development supported its preparati...

Slovenian credit rating cut to junk

Debilitated financial sector and a severe lack of prospects has led Moody’s to strip Slovenia’s credit rating

Moody’s Investors Service has, as of April 30, lowered Slovenia’s credit rating to junk, pertaining to a determined slump in the nation’s financial sector. The nation’s government herein being forced into delaying the sale of its first foreign bon...

EBRD’s work helping to develop public-private partnerships is bringing crucial change to countries throughout Europe, ensuring stability and minimisation of risk

European infrastructure to be stabilised

EBRD’s work helping to develop public-private partnerships is bringing crucial change to countries throughout Europe, ensuring stability and minimisation of risk

As an institution set up to support the transition towards a market economy in the countries of Central and Eastern Europe, and now in the Southern and Eastern Mediterranean region, EBRD (European Bank for Reconstruction and Development) has been actively...

World Finance interviews Alecos Michaelides, Permanent Secretary for the Cyprus Ministry of Communications and Works, on the Larnaka and Pafos Airport development

Alecos Michaelides on Larnaka and Pafos airport | Cyprus

World Finance interviews Alecos Michaelides, Permanent Secretary for the Cyprus Ministry of Communications and Works, on the Larnaka and Pafos Airport development

The Larnaka and Pafos Airport development was Cyprus' first major public-private partnership deal. But a long delay after the bidding process meant costs had increased when the government began negotiations with the winning bidder, reducing the percentage...

World Finance interviews Anthony Coumidis, Director of Engineering and Sustainability at McBains Cooper Group, on creating a clean, green and lean HQ for Gloucester police

Anthony Coumidis on sustainable builds | McBains Cooper

World Finance interviews Anthony Coumidis, Director of Engineering and Sustainability at McBains Cooper Group, on creating a clean, green and lean HQ for Gloucester police

The UK's Gloucestershire constabulary headquarters was commissioned through a PPP project with a focus on sustainability. Leading interdisciplinary consultancy McBains Cooper Group acted as consultant to ensure these needs were met several years after occ...

World Finance interviews Michael Thirkettle, Chief Executive of McBains Cooper Group, on the Mexican prisons project that McBains Cooper worked on – the biggest PPP project in Latin America

Michael Thirkettle on Mexican prisons | McBains Cooper

World Finance interviews Michael Thirkettle, Chief Executive of McBains Cooper Group, on the Mexican prisons project that McBains Cooper worked on – the biggest PPP project in Latin America

In 2010, the Mexican Ministry of Security set out to develop eight prisons, each housing 2,500 inmates, the biggest PPP project in Latin America at the time. UK consultancy McBains Cooper Group was brought in as technical advisor. Chief Executive Michael ...

World Finance interviews Thomas Maier Managing Director of Infrastructure, and Sue Barrett, Director of the Transport Team, from the European Bank for Reconstruction and Development, on St Petersburg's Western High Speed Diameter road project

Thomas Maier, Sue Barrett on PPPs in Russia | EBRD | Video

World Finance interviews Thomas Maier Managing Director of Infrastructure, and Sue Barrett, Director of the Transport Team, from the European Bank for Reconstruction and Development, on St Petersburg’s Western High Speed Diameter road project

The European Bank for Reconstruction and Development has become the largest financial investor in a region that stretches from central Europe and the Western Balkans to central Asia. Thomas Maier and Sue Barrett discuss St Petersburg's Western High Speed ...

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