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International news round-up – May 25 - 29

 



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  29 May 2015 | Public Finance International Home | Contact us Forward to a colleague
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NEWS ROUND-UP
 
Europe: Russia cuts 2018 World Cup budget by more than $70m, and more
Russia cuts 2018 World Cup budget by more than $70m; EU says fiscal targets, pensions and labour reforms still to be agreed with Greece; Turkey second worst performer in Europe and Central Asia human capital index; and other stories from Spain and Germany. 
US & Canada: Yellen: confident in the US economy, and more

Yellen: confident in the US economy, said interest rates will be raised this year; Canada’s economy out of the woods? Think again; Illinois’s Democratic budget wouldn’t reduce Medicaid or local government spending; and other stories from the US and Canada. 

Latin American & Caribbean: Brazil’s finance minister says budget’s spending freeze ‘not enough’, and more
Brazil’s finance minister says budget’s spending freeze ‘not enough’; finance minister warns that Caribbean economies face formidable challenges; Puerto Rican legislators narrowly approve raising sales tax to highest level in US; and other stories from the Cayman Island and Argentina. 
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