Schaeuble says “no” to throwing money at euro crisis
(Reuters) - Throwing more money at the eurozone debt crisis will not solve the problem because the troubles have to be resolved at the cause, German Finance Minister Wolfgang Schaeuble…
Minister of Finance: New budget on 1 July
The new budget proposal , which is to be implemented in 1 July after SCAF approval, includes a number of reforms designed to re-start Egypt’s growth.
Egypt Briefs
Banks opted to close their office at noon Several banks in Cairo sent staff home at midday yesterday due to possible demonstrations following the announcement of Egypt’s new president. Banks,…
Region Briefs
Syria: BRUSSELS (AP) — Members of Syrian opposition groups met in a conference in Belgium on Sunday to discuss their political differences and Syria’s democratic transition. Groups discussed…
Win some, lose some
It is truly a moment of pride to see Egyptians thriving for democracy. Even though the revolution is far from being the winner in this scene, yet the revolution of…
New lawsuit against Shura Council
The fate of Egypt’s elected Shura Council is still unclear despite the election of Egypt’s first-civilian president Mohamed Morsi yesterday.
Moody’s downgrade gives edge to safe-haven banks
(Reuters) - Major ratings downgrades by Moody’s will further divide the world’s biggest banks based on their strength and access to cheap customer deposits. The ratings, released Thursday by Moody’s…
Egypt at a crossroads
By Alya Essam After a successive series of postponements, the Supreme Electoral Committee decided to finally announce the presidential vote results on Sunday 24 June 2012. The uncertainty surrounding the…
President inherits budget from Ganzouri cabinet
The cabinet finalised the 2012/2013 annual state budget, which will be effective starting July 1, and sent it to the Supreme Council of Armed Forces for approval.
Egypt braced for announcement
Ministry of Interior orders police to shoot to kill if there are attacks on Police in the fallout of the announcement