Tag Archive: world economy

Stimulus likely to stay for now, says Mukherjee

New Delhi, Dec 30 (IANS) The government is unlikely to withdraw the stimulus packages now as domestic firms would be hit in case the global economy collapses, Finance Minister Pranab Mukherjee said Wednesday.

‘Exiting from the stimulus packages now may not be the correct approach because if the world economy collapses, the depression would be deeper. [...]

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European economic mood hits 14-month high

Berlin, Nov 27 (DPA) The economic mood in Europe continued to brighten in November, with a key sentiment survey released Friday rising to its highest level in 14 months.

The European Commission’s closely watched economic sentiment indicator for the 16-member eurozone rose from 86.1 points in October to 88.8 in November.

This took the indicator to its [...]

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Global recession affecting Third World initiatives: Patil

New Delhi, Sep 19 (ANI): President Pratibha Patil said on Saturday that the economic slow down has affected the efforts of developing countries to eradicate poverty and hunger.

Addressing the International Law Association’s (ILA) regional conference on “International Trade Law and [...]

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G-20 countries will continue stimulus packages: Pranab

New Delhi, Sep. 7 (ANI): G-20 countries have decided to continue with the stimulus packages till the global economy is fully revived, Finance Minister Pranab Mukherjee said on Monday.

The club of finance ministers of developed and developing nations also agreed to postpone the “exit [...]

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