Macroeconomic reports published in January, including data on GDP of some countries in 2011, evidenced a significant slowdown in world economic growth at the end of the last year.
News and Reviews
London aims to become a Renminbi trading centre
UK signed a deal with Hong Kong aimed at helping turn the City into an offshore trading centre for the renminbi.
Germany, France urge EU to speed tax coordination
Germany and France are pushing the European Union to speed up tax coordination efforts, despite British and Irish opposition, and will soon make proposals to harmonise their corporate tax rates.
Global Financial Market: Topical Issues 2011
Although most leading economies displayed good growth in the first half of 2011, it declined dramatically in the second half of the year, causing drop in annual GDP increase year-on-year.
Corporate bond fund in Russian roubles is available
Starting from today, 16 January 2011, you can acquire investment certificates of corporate bond fund ABLV High Yield CIS Bond Fund1 in Russian roubles, offered by ABLV Asset Management, IPAS.
New opportunities of receiving financing secured with financial instruments
On 16 January this year, changes in the “Financing Secured with Financial Instruments” rates and charges become effective.
Tax Amnesty in Cyprus
We would like to bring to your attention that the House of Representatives voted the Special Settlement of Tax Liability Law of 2011. The relevant Law has been published in the Government's Official Gazette on 12 December 2011.