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Evangelos Marinakis: A Councilman of Note
Though the past made him a rich man, Evangelos Marinakis now wants to break with it. Elected councilman in Piraeus, Mr Marinakis aims to introduce new models for the management and development of the port city: “This is something people
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Otaviano Canuto, World Bank Group: Navigating Brazil’s Path to Growth
Brazil’s macroeconomic management faces four major immediate challenges. The response to them will be strengthened if economic agents could have some indication of how the Brazilian economy will be steered back to a growth route. The first challenge will be
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Mamta Murthi: World Bank to Help Poland Resolve the “Robin Hood” Tax Issue
The World Bank is helping Poland design a new system called the “Robin Hood” tax system. In the first quarter of 2015 a working group composed of representatives of the Ministry of Finance, the World Bank, subnational governments and academia will
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Upcoming Greek Vote a Buying Opportunity?
Mark Zandy is worried that Greece may yet prove the undoing of the euro as the country prepares for elections. Mr Zandy is chief economist at Moody’s Analytics. He fears the Greek opening Pandora’s Box on January 25 could well
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Fishing for a Sustainable and Equitable Future in the Pacific
World Bank approves US$32.97 million for regional fisheries program. The World Bank’s Board of Executive Directors today approved US$32.97 million in International Development Association (IDA) grants and credits to support the Pacific Islands Regional Oceanscape Program (PROP) – a regional
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World Bank Approves Financing for Nepal Grid Solar and Energy Efficiency Project
The World Bank today approved a US$130 million credit for the Nepal Grid Solar and Energy Efficiency Project to help address Nepal’s energy shortages that are a major constraint to economic growth and overcoming poverty. The project intends to increase
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World Bank to Promote High-Quality Innovations in Kazakhstan
The World Bank Group’s Board of Executive Directors today approved a US$88 million loan to help Kazakhstan foster innovation by promoting high-quality nationally relevant research and commercialization of technologies. The Fostering Productive Innovation Project will contribute to improving critical areas, such
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Lebanon: Developing an Internet Ecosystem to Keep Young Talent at Home
High youth unemployment has led to high economic migration from Lebanon Creating an internet workspace could help would-be entrepreneurs Lebanon is well-positioned to develop apps for international markets With youth unemployment close to 34 percent—and little domestic demand for educated
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World Bank Supports Greater Resilience to Climate Related Hazards in Mozambique
The World Bank Board of Executive Directors approved today an International Development Association (IDA)* financing in the amount of US$50 million to support climate change related reforms agreed upon between the Government of Mozambique (GoM) and the World Bank under
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World Bank: Transforming the Economy to Achieve Zero Net Emissions
To stabilize warming at less than 2 degrees Celsius, as the international community agreed in 2009, the world will have to cut greenhouse gas emissions to net zero before 2100. Economic policy will be the key to mobilizing that global
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