The Montenegro railway upgrade is the first in 40 years ontenegro's railway used to be one of its big accomplishments. It was the largest and most expensive infrastructure project in the former Yugoslav federation. But now it has fallen into decay. With the European Investment Bank's help, the railway plans a
Invest/Finance
How many US dollars are in circulation today?
The Biggest Economies in 2018
he United States has the largest economy in the world at $20.4 trillion, according to data from the International Monetary Fund (IMF), which shows the US economy increased from around $19.4 trillion last year. China follows, with $14 trillion, which is an increase of more than $2 trillion in comparison to 2017.
EU Programme for Employment and Social Innovation (EaSI) Report
uropean Commission published a report with examples of 7 projects and 10 organizations supported by the Programme for Employment and Social Innovation (EaSI) in 2014-2017. The aims of the presented projects ranged from supporting reforms of national social protection systems and enhancing administrative cooperation on posting of workers to raising awareness on how young people
Globalization Adjustment Fund: €4.6M to ex Caterpillar Belgium workers
he European Commission has proposed to provide Belgium with €4.6 million from the European Globalisation Adjustment Fund. This money should help nearly 2,300 former workers of Caterpillar Solar Gosselies and of several Caterpillar suppliers find new jobs. EU Commissioner for Employment, Social Affairs, Skills and Labour Mobility Marianne Thyssen commented: "Thanks to the €4.6
Capital Markets Union: Crowdfunding, FinTech and Sustainability
Capital Markets Union: new rules for investment firms
The European Commission proposes a two-track overhaul to make life simpler for smaller investment firms, while bringing the largest, systemic ones under the same regime as European banks. Investment firms and the services they provide are vital to a well-functioning Capital Markets Union (CMU). Alongside banks, EU capital markets rely
What is a Hedge Fund?
Hedge funds are alternative investments using pooled funds that employ numerous different strategies to earn active return, or alpha, for their investors. Hedge funds may be aggressively managed or make use of derivatives and leverage in both domestic and international markets with the goal of generating high returns (either in
Towards safer and more innovative electronic payments
he Commission has today adopted rules that will make electronic payments in shops and online safer. This will also allow consumers to access more convenient, cost-effective and innovative solutions offered by payment providers. These rules implement the EU's recently-revised Payment Services Directive (PSD2) which aims to modernize Europe's payment services
EC: Completion of the Banking Union by 2018
uropean citizens and businesses will benefit from deeper financial integration and a more stable financial system, thanks to Commission plans to accelerate with the completion of the missing parts of the Banking Union. The Banking Union must be completed if it is to deliver its full potential in making the