The US Federal Reserve is likely to end its historic and controversial bond-buying stimulus program – or “quantitative easing” – after its monthly meeting in October. Monthly bond purchases are already cut from a peak of $85 billion to $35 billion following the results of the June meeting. The final...

According to the newest prediction of Ministry of Finance the Czech economy in theyear 2014 should grow by 2.7 %. That is 1 % higher than its previous estimate and it is mainly affected by real economic growth of 0.8 % in the first quarter of this year. According to the Ministry this was caused by t...

The Council´s Committee of Permanent Representatives reached an agreement on 29 July to impose so-called stage 3 sanctions against Russia, following the escalation of the situation in Ukraine combined with the downing of MH17. EU imposes arms embargo and bans export of dual-use goods to Russia. Ener...

EU plans to issue new sanctions against Russia unless it ensures a full international investigation of the shooting down of the Malaysian Airlines flight last week and stops an "increasing flow of weapons, equipment and militants across the border" into Eastern Ukraine. New sanctions would apply to ...