Romania’s Finance Minister says Romani will probably soon start negotiations with the International Monetary Fund or the European Union for a grant aimed at protecting its slowing economy from the global financial crisis. “It is better to avoid a crisis, than to face it. And no loan is too expensive …

KABUL (Reuters) – Devastated by nearly three decades of war, Afghanistan‘s isolation from world trade and global finance might for once be to its advantage, shielding the country from the economic and financial meltdown abroad. Sandwiched between Kabul’s main mosque and a foul-smelling river is the teeming money market where …

he economies of Bulgaria and Romania are much more vulnerable to the effects of the global financial crisis compared to those of Poland, the Czech Republic, and Slovakia. This becomes clear from a report of the financial analysis agency, Standard & Poor’s, cited by the Financial Times. Standard & Poor’s …