Beyond Temporary Austerity: Egypt’s Six Paths to Manage Rising Fiscal Pressures
When assessing Egypt’s latest austerity measures, implemented as a short-term response to a sharp surge in global…
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Austerity Measures
Time for bold homegrown IMF orthodoxy alternative
As Egypt navigates one of the most difficult economic moments in its recent history, the grip of International…
Tunisia’s powerful union rejects Essebsi call to join government
Tunisia's powerful UGTT union, a joint winner of last year's Nobel Peace Prize, on Friday rejected a call…
Transport Chaos as Public Sector Strike Hits Brussels
Much of the transport in Europe's capital, Brussels, came to a halt Wednesday as public sector workers held a…
Egypt Stocks Open New Week Lower amid Higher Fuel Prices
Following the government's decision to put up fuel prices, Egypt's stocks open a new week slightly lower with…
Egypt Stocks Welcome New Budget, End with EGP4.2bn Gains on Monday
Egypt's stocks ended Monday higher with gains totalling 4.2 billion Egyptian pounds backed by the presidency…
Egypt Stocks Ended Mixed on Sunday
Egypt's stocks trimmed early losses to end with losses totalling 323 million Egyptian pounds on Sunday driven by…
Egypt Stocks Lose EGP6.8bn in Week on Austerity Concerns, Journalists’ Verdict
In a week filled with investors' woes over potential austerity measures, Egypt's stocks incurred losses amounting…
Egypt Stocks End Lower on Austerity Woes, Controversial Verdicts
Egypt's stocks continue its downward trend, ending Wednesday's session with losses totalling 4.2 billion Egyptian…
Egypt Has Spent 7 Bln of 29 Bln Pound Stimulus Package- Minister
Egypt has spent 7 billion Egyptian pounds of a package of 29.7 billion intended to stimulate an economy ravaged by…
Egypt’s Finance Minister Faces Huge Challenges to Boost Economy
Egypt’s new finance minister is on a mission that is seemingly impossible: he has pledged to reduce the budget…
Egypt’s Interim Govt Unlikely to Resume IMF Talks – Minister Says
Although financial budget crunch still bites, Egypt’s interim administration is unlikely to resume talks over the…
Egypt’s New FinMin Plans Stimulus, Not Austerity
Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by…
No Agreement Between IMF and Egypt – IMF Official
The International Monetary Fund does not yet have an agreement with Egypt on providing financial support to the…
Egypt to Auction Luxury Gifts Received by Officials
Egypt will auction off pricey gifts received by its senior government officials next week, including luxury watches…
Egyptian Anger Grows over Suez Canal Development Plan
A plan by Egypt's Islamist-led government to develop the land along the Suez Canal faces fierce opposition in…
Coffers Draining, Egypt Accelerates Search For Billions In Loans, Knocking On World’s…
During a meeting in a Black Sea resort city, Egypt’s president and members of his government turned to Russian…
EFG-Hermes: Egypt Will Not Get IMF Loan Before Q4/13
Cash-strapped Egypt will not obtain the International Monetary Fund’s long-awaited US$ 4.8 billion loan before the…
Spain Stocks Down 1.3% amid Election, Economic Fears
Spanish stocks were under pressure on Monday after the ruling People's Party failed to obtain an absolute majority…