06/10/2015

Germany to be AIIB's fourth largest shareholder

A government draft plan sees Germany acquiring a stake in the China-led Asian Infrastructure Investment Bank that will make it the fourth largest shareholder of the lender. It'll also provide financial guarantees.

06/10/2015

EU approves Latvia's SME financing institution

The European Commission said on Tuesday that it had approved Latvia's project to create a financial institution to facilitate access to funding for small- and medium-sized businesses.