On February 12, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United Kingdom. The UK economy has been growing steadily. Economic recovery has been driven by robust expansion of private domestic demand and has supported rapid job growth, with the unemployment rate falling to 5.1 percent in late 2015. Looking forward, growth looks set to continue, averaging around 2.2 percent over the medium term. Inflation, which is currently very low (0.3 percent in...

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Twenty-two EU member states, Norway, Switzerland, international businesses and patient organisations have agreed to make food products healthier by reducing salt, saturated fat and sugar content. To achieve this they will work with the food industry and NGOs. This is the outcome of the conference that took place in Amsterdam on 22 February under the auspices of the Netherlands EU Presidency. Photographer: Hans Molenaar Large-scale meeting Health minister Edith Schippers and agriculture minister Martijn van Dam received delegations from the food industry, supermarkets,...

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The Commission, in partnership with the European Investment Bank (EIB), explains how to best combine the funds. The Juncker Commission’s top priority is to get Europe growing again and to increase the number of jobs without creating new debt. TheEuropean Fund for Strategic Investments (EFSI) – the heart of the Investment Plan for Europe - and European Structural and Investment Funds (ESI Funds) both play a crucial role in creating jobs and growth. A brochure published today is designed to help...

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The UK and the other EU countries would be better off staying together, Martin Schulz told heads of state and government at the start of a European Council on 18-19 February dedicated to migration and the UK’s demands of a reform of its EU membership. The EP President said: “In the globalised 21st century we need the UK more than ever and we are convinced that the UK will be better off as part of the European Union.” Schulz said...

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By Christine Lagarde, Managing Director, International Monetary Fund Abu Dhabi, February 22, 2016 Good morning—Sabah Al-Khair Ministers and Governors—thank you for honoring us with your presence. It is a great pleasure to speak before such a distinguished audience. Dear Minister Al-Tayer: Thank you for your generous hospitality and the gracious introduction, and thank you, Dr. Al-Hamidy, for joining hands with us to organize the Arab Fiscal Forum. This event is taking place at a pivotal moment not only for this region but for many...

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Following its first session in which European Union government leaders agreed to accelerate action on the refugee crisis, the European Council agreed a new settlement for the United Kingdom in the European Union. New settlement for the United Kingdom Unanimously agreed by all Member States, the deal fully addresses the requests of the United Kingdom and is legally binding. It will become effective on the date the United Kingdom informs the Council that it has decided to remain a member of...

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Governor Andrew M. Cuomo today announced New York's participation in the bipartisan Governors' Energy Accord Coalition, a multi-state effort to develop and implement clean energy policies and initiatives that expand clean energy sources, modernize energy infrastructure and build a clean energy economy. Today's action follows the Governor's announcement in January of a $5 billion Clean Energy Fund which is part of New York State’s overall commitment to lead the nation in the fight against climate change. "From the creation of...

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