PM urges for better State budget management

PM urges for better State budget management

(VOVWORLD) - Prime Minister Pham Minh Chinh has urged the financial sector to harmoniously combine fiscal and monetary policies, and better the State budget management work in 2022
EU divided on economic stimulus package

EU divided on economic stimulus package

(VOVWORLD) - European Union leaders agreed on a massive stimulus plan for their coronavirus-blighted economies at a fractious summit that lasted almost five days
Angela Merkel to quit politics

Angela Merkel to quit politics

(VOVWORLD) - German Chancellor Angela Merkel says she will step down as Chancellor in 2021 and not seek re-election as leader of the Christian Democratic Union of Germany (CDU), a center...
Instability in Spain goes against EU’s ideology

Instability in Spain goes against EU’s ideology

(VOVWORLD) - Preliminary results of Catalonia’s referendum have shown 90% in favour of independence. Although the referendum is widely considered unconstitutional and invalid, Catalonia’s wish to leave Spain has...
Eurozone Suspends Short-Term Debt Relief for Greece

Eurozone Suspends Short-Term Debt Relief for Greece

(VOVworld)- Greece’s European creditors suspended proposed debt-relief measures for the country after the Greek government surprised them by announcing it would boost welfare benefits for low-income pensioners,...
Europeans can sue the troika

Europeans can sue the troika

(VOVworld) - The European Court of Justice has ruled that EU citizens can now sue the troika if they believe their fundamental rights have been violated by austerity
The Nung’s singing

The Nung’s singing

(VOVworld) – Folk songs have been part of the Nung’s cultural treasure since days long past. The Nung consider singing folk songs a way to communicate and express their feelings...
IFS: “Brexit” could extend UK austerity

IFS: “Brexit” could extend UK austerity

(VOVworld) - The Institute for Fiscal Studies (IFS) has warned that leaving the European Union (Brexit) would force the UK to extend austerity measures by up to two years to avoid...
EU acknowledges Greece’s economic progress

EU acknowledges Greece’s economic progress

(VOVworld) - The economy in Greece has performed "substantially better" than forecast in its massive bailout deal, the EU said on Thursday, a day ahead of a key meeting of eurozone...