
CBE likely to maintain current tight monetary stance to reduce inflationary pressures: IIF
Annual inflation rate to decline gradually to 18% by end of 2017, from about 30% in May
Annual inflation rate to decline gradually to 18% by end of 2017, from about 30% in May
More than 70% of our employees are focusing on R&D
The statement comea a few weeks ahead of planned protests for 30 June and amid an already-ailing economy one year into President Mohamed Morsi’s tenure.
More QE cash expected, but BoE is likely to wait until November
Details of a new bond buying plan by the European Central Bank (ECB) fueled a surge in some Spanish and Italian debts and increased mediated talks between European leaders. German Chancellor Angela Merkel met with the President of the European Union (EU) Herman van Rompuy in Berlin on Tuesday, while French President François Hollande travelled …