About: World Bank

China 17-09-2021

Georgieva pressured World Bank employees to favor China in report

World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday (16 September).
China 18-06-2021

Pacific undersea cable project sinks after US warns against Chinese bid

A World Bank-led project declined to award a contract to lay sensitive undersea communications cables after Pacific island governments heeded US warnings that participation of a Chinese company posed a security threat, two sources told Reuters.
Economy & Jobs 14-12-2020

Repayable support: no silver bullet but a means to tackle EU funds graft

Increasing the role of loans and guarantees utilised to narrow the disparities between European regions may help combat the misuse of EU funds but cannot replace the role of accountability, transparency and sound domestic institutions.
Global Europe 20-11-2020

Michel: G20 must move on debt restructuring programme

European Council President Charles Michel on Friday (20 November) called on G20 leaders to create “a new model of sustainable finance” to avoid sovereign defaults in the wake of the COVID-19 crisis.
Economy & Jobs 10-04-2020

World faces new ‘Great Depression’ as virus toll mounts

World powers scrambled on Thursday (9 April) to build a global response to the human tragedy and once-in-a-century economic collapse caused by the coronavirus epidemic, as the worldwide death toll topped 90,000.
Economic governance 10-03-2020

As stock markets collapse, IMF calls for support for the coronavirus-infected economy

The International Monetary Fund called on governments worldwide Monday (9 March) to join forces and roll out aggressive financial supports for the coronavirus-infected global economy, including direct payments to workers and businesses.
Agrifood 20-11-2019

Keeping young farmers in rural areas is the biggest challenge for Croatia

Generational renewal of Croatian agriculture is a slow process burdened with negative demographic trends, constant migration and a non-competitive market. EURACTIV Croatia reports.
Economy & Jobs 03-07-2019

Lagarde’s ECB nomination thrusts IMF into early succession race

The nomination of Christine Lagarde as European Central Bank president on Tuesday (2 July) has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.
Economy & Jobs 05-06-2019

Global growth continues to weaken, World Bank report confirms

After the IMF and the OECD, the World Bank has also cut its 2019 growth forecasts. Uncertainties over trade and investment are at the root of this slowdown, which is also affecting the eurozone. EURACTIV France reports.

Capital markets need to start making sustainability mainstream – report

We need to reboot the financial system and rethink old structures. This is what the OECD, the World Bank Group and the UN Environment Programme are calling for in their new joint report. Sustainable finance should become mainstream, but the market is still lagging far behind. EURACTIV Germany reports.
EU-Africa 16-11-2018

EU to ‘review’ support to Tanzania over rights concerns

The European Union is reviewing its financial support to Tanzania in response to recent moves undermining "human rights and the rule of law".

France takes the lead on conflict prevention

While armed conflicts are on the rise around the world, Paris launched a new strategy for prevention, resilience and sustainable peace in developing countries, on 13 June. EURACTIV.fr reports.
EU-Africa 28-02-2018

Index insurance trialled in sub-Saharan Africa as part of climate change fight

Since the end of the 2000s, there has been an increase in projects in sub-Saharan Africa to develop index insurance, based on weather indices such as rainfall or temperature. It is intended to help farmers cope with climate change, before droughts sets in. EURACTIV.fr reports
Development Policy 12-09-2017

World Bank: More than reconstruction, post-conflict Syria will need development aid

The economic disorganisation of Syrian society, lost connectivity and destruction of business networks has an impact on GDP 20 times bigger than the destruction of buildings, World Bank officials have told EURACTIV.com.
Economy & Jobs 28-06-2017

Top women call for new economic mindset: ‘It’s gender, stupid!’

If EU countries stepped up their efforts to improve gender equality, more jobs would be created, GDP per capita would increase and society would benefit overall while weathering crisis more effectively.
Development Policy 14-06-2017

World Bank: Africa’s cities can learn from EU experience

EURACTIV spoke to Somik Vinaj Lall, the lead author of the World Bank flagship report Africa’s cities: Opening doors to the world. Meeting with EU counterparts, Lall identified areas where the EU experience could be valuable in the urbanisation of the African continent.
Politics 10-05-2017

Bulgaria finally nominates new Commissioner

Bulgaria has finally nominated a candidate to replace Kristalina Georgieva as its European Commissioner, following a four month gap where the country went unrepresented.
EU Priorities 2020 28-10-2016

Georgieva resigns to join World Bank

Commission Vice-President Kristalina Georgieva resigned on Friday (28 October) to take a job at the World Bank. EURACTIV France reports.
Global Europe 28-10-2016

The Brief: Commissioner mocks Chinese and gay marriage

Digital Commissioner Günther Oettinger has mocked the Chinese, gay marriage, and former German Chancellor Gerhard Schröder’s divorce in a shock speech.
Central Asia 19-10-2016

The Brief: The Brexit break-up talk

Nothing spells the imminent break-up of a relationship like the words, “We need to talk.”
Trade & Society 19-10-2016

World Bank: Populism in US, Europe threatens emerging markets

The biggest threat to emerging markets growth in coming years could come from the rise of populism and isolationism in developed countries, a World Bank official said on Tuesday (18 October).
Climate change 10-10-2016

World Bank says Paris climate goals at risk from new coal schemes

Slowing down construction of coal-fired power stations will be vital to hit globally agreed climate change goals, the World Bank president, Jim Yong Kim, said as he outlined a five-point plan to flesh out last year’s Paris agreement to reduce CO2 emissions. A report by EURACTIV's partner, The Guardian Environment.
Enlargement 27-09-2016

World Bank: Western Balkans economically resilient despite setbacks

The World Bank published  a report today (27 September) revealing that the economies of the six Western Balkans countries have performed rather well despite Brexit, the slow recovery in the EU and enlargement fatigue.
Energy 16-09-2016

Naftogaz says charter change threatens gas purchases from Europe

Ukraine has changed the charter of Naftogaz in violation of a deal with foreign creditors, in a move that could hold up a $500 million loan for vital gas purchases from Europe, the state-run energy firm said on Friday (16 September).