Middle-east Arab News Opinion | Asharq Al-awsat

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IMF Managing Director Christine Lagarde.(REUTERS)

Optimism Surrounds Global Economy in 2017

by Ahmad Al-Ghamrawi | Apr 17, 2017 | Business

Cairo – Experts and observers expect the biggest economies of the world to see an escalating, or at least a stable, growth in 2017. The tough economic situation that dominated the world over the past six years is about to end, and more recovery and prosperity...

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A man walks past an Euro sign light installation in Vilnius December 31, 2014. REUTERS/Ints Kalnins

Europe: New Measures to Confront Tax Avoidance

by Abdullah Mustafa | Feb 23, 2017 | Business

Brussels – Economic and Financial Affairs Council of the European Union (EU) reached an agreement on Tuesday – during its meeting in Brussels – on a Council directive aimed at preventing multinationals from lowering their overall tax liability by...

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Greek Prime Minister Alexis Tsipras (AFP)

Greece tells IMF, Germany to ‘Stop Playing with Fire’ over Debt

by Asharq Al-Awsat | Feb 12, 2017 | Business

Athens – As Eurozone announced progress in Greece’s loan negotiations, observers believe there is no real improvement given that tension has ruled over the situation. Greek Prime Minister Alexis Tsipras accused the International Monetary Fund (IMF) and German Finance...

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International Monetary Fund (IMF) Managing Director Christine Lagarde arrives at a Eurozone finance ministers emergency meeting on the situation in Greece in Brussels, Belgium June 27, 2015. REUTERS/Yves Herman

‘Euro’ Fears Decline amidst European Crises

by Ahmad Al-Ghamrawi | Feb 7, 2017 | Business

Cairo – With all the pressure affecting the European economy, the unified European currency has been suffering more than any other amidst warnings on the possibility of collapsing in case European leaders were not able to figure out wide-ranging solutions to...

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Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, in this picture illustration taken January 25, 2011. REUTERS/Kacper Pempel/Illustration/File Photo

European Central Bank: Eurozone Economy to Improve, but there are Risks

by Asharq Al-Awsat | Oct 21, 2016 | Business

Frankfurt-The eurozone economy should continue to improve slowly, European Central Bank President Mario Draghi said on Thursday, with inflation creeping up in the coming months. But the risks are to the downside, he said, meaning performance is more likely to be worse...