Law Library of Congress - Global Legal Monitor: Global Legal Monitor: Economics and Public Finance http://www.loc.gov/lawweb/servlet/lloc_news?home The Global Legal Monitor is an online publication from the Law Library of Congress covering legal news and developments worldwide. It is updated frequently and draws on information from the Global Legal Information Network, official national legal publications, and reliable press sources. You can search previous news by searching the archive. en-us Global Legal Monitor: European Union: Latvia Will Join the Euro in 2014 http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403615_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 14 Jun 2013 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403615_text Global Legal Monitor: Denmark: Bill on Economic Growth Considered http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403568_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 24 Apr 2013 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403568_text Global Legal Monitor: Thailand: Transportation Infrastructure Megaprojects Loan Bill http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403560_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 19 Apr 2013 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403560_text Global Legal Monitor: Egypt: Council of Ministers Approves Draft Law Allowing Issuance of Islamic Bonds http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403511_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 08 Mar 2013 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403511_text Global Legal Monitor: Indonesia: Affirmative Action Program Adopted for Papuan Businesses http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403437_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 18 Dec 2012 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403437_text Global Legal Monitor: European Union: Annual Growth Survey Adopted http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403421_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 04 Dec 2012 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403421_text Global Legal Monitor: Israel: Deficit Reduction Law Passed http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403399_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 08 Nov 2012 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403399_text Global Legal Monitor: New Zealand: Legislation Enabling Partial Sale of Government Assets Introduced http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403018_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012),... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 08 Mar 2012 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403018_text Global Legal Monitor: Italy: Unions of Municipalities http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402823_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 29 Sep 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402823_text Global Legal Monitor: Honduras: Laws Create a New Legal Framework for the Promotion of Economic Development http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402797_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 07 Sep 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402797_text Global Legal Monitor: Nigeria: House of Representatives Approves Sovereign Investment Authority Bill http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402679_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 20 May 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402679_text Global Legal Monitor: Nigeria: Senate Approves Sovereign Investment Authority Bill http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402672_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil.... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 13 May 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402672_text Global Legal Monitor: European Union: Report on the Quality of Fiscal Data Provided by EU Members in 2010 http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402629_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Mon, 18 Apr 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402629_text Global Legal Monitor: Greece: Update on Greece's Economic Reform http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402544_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 25 Feb 2011 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402544_text Global Legal Monitor: Germany: Dawes and Young Plan Bonds Paid Off http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402337_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 28 Oct 2010 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402337_text Global Legal Monitor: Germany: Contributions to European Financial Stability http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402016_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 01 Jun 2010 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402016_text Global Legal Monitor: European Union: Response to Financial Crisis in Greece http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401990_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 19 May 2010 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401990_text Global Legal Monitor: China: Public Opinion Solicited for Draft Implementing Regulations of Government Procurement Law http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401847_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 02 Mar 2010 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401847_text Global Legal Monitor: China: New Procurement Rules for Innovative Products http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401768_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 12 Jan 2010 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401768_text Global Legal Monitor: Egypt: Law on Public-Private Partnership to Develop Infrastructure Being Discussed http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401756_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Mon, 04 Jan 2010 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401756_text Global Legal Monitor: Nigeria: New Agency to Monitor How Federal Government Spends Tax Payers Money http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401631_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 16 Oct 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401631_text Global Legal Monitor: Vietnam: Government Inspection of Stimulus-Related Construction Projects http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401474_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 05 Aug 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401474_text Global Legal Monitor: Taiwan; World Trade Organization: Accession to Global Government Procurement Agreement http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401395_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 02 Jul 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401395_text Global Legal Monitor: China: Government Denies "Buy China" Is in Stimulus Package http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401398_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 01 Jul 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401398_text Global Legal Monitor: China: Order to "Buy China" in Government-Invested Projects http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401384_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 25 Jun 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401384_text Global Legal Monitor: Tanzania: Government to Bail Out Distressed Companies http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401365_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 16 Jun 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401365_text Global Legal Monitor: Netherlands: New Stimulus Package http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401227_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 17 Apr 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401227_text Global Legal Monitor: Taiwan: Stimulus Plan to Expand Public Construction http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401143_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 18 Mar 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401143_text Global Legal Monitor: Vietnam: Public Debt Law to Be Debated http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401132_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 13 Mar 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401132_text Global Legal Monitor: Organisation for Economic Cooperation and Development: Proposed Strategies to Address Global Fiscal/Economic Crisis http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401064_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the The Organisation for Economic Co-operation and Development (OECD), a 30-member body founded in 1961 that "brings together the governments of countries committed to democracy and the market economy from around the world," recently published a booklet... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 04 Mar 2009 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401064_text Global Legal Monitor: Nicaragua: Presidential Decree Directs Measures of Austerity http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401049_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the The Organisation for Economic Co-operation and Development (OECD), a 30-member body founded in 1961 that "brings together the governments of countries committed to democracy and the market economy from around the world," recently published a booklet On January 15, 2009, the President of Nicaragua, Daniel Ortega Saavedra, issued a decree on "austerity and savings." Presidential Decree 02-2009, published in LA GACETA, DIARIO OFICIAL [the official gazette] of January 21, 2009, contains the... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 27 Feb 2009 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401049_text Global Legal Monitor: Taiwan: Consumer Vouchers Issued as Part of Financial Stimulus Package http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540982_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the The Organisation for Economic Co-operation and Development (OECD), a 30-member body founded in 1961 that "brings together the governments of countries committed to democracy and the market economy from around the world," recently published a booklet On January 15, 2009, the President of Nicaragua, Daniel Ortega Saavedra, issued a decree on "austerity and savings." Presidential Decree 02-2009, published in LA GACETA, DIARIO OFICIAL [the official gazette] of January 21, 2009, contains the On December 5, 2008, the Special Statute for Distributing Consumption Vouchers for Revitalizing the Economy was promulgated and took effect in the Republic of China (on Taiwan) (ROC). It will remain in force until September 30,... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 04 Feb 2009 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540982_text Global Legal Monitor: Taiwan: Financial Stimulus Package http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540828_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the The Organisation for Economic Co-operation and Development (OECD), a 30-member body founded in 1961 that "brings together the governments of countries committed to democracy and the market economy from around the world," recently published a booklet On January 15, 2009, the President of Nicaragua, Daniel Ortega Saavedra, issued a decree on "austerity and savings." Presidential Decree 02-2009, published in LA GACETA, DIARIO OFICIAL [the official gazette] of January 21, 2009, contains the On December 5, 2008, the Special Statute for Distributing Consumption Vouchers for Revitalizing the Economy was promulgated and took effect in the Republic of China (on Taiwan) (ROC). It will remain in force until September 30, On November 24, 2008, Taiwan's Executive Yuan (Cabinet) approved two draft bills on the government's economic stimulus package. The estimated NT482.9 billion (about US$15 billion) program was divided between the two bills in an effort to... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 11 Dec 2008 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540828_text Global Legal Monitor: Mexico: Fiscal Reform Measures Published in Federal Official Gazette http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540161_text Economics and Public Finance - On June 5, 2013, a press release presented the conclusion of the European Commission's Convergence Report on Latvia that Latvia "has achieved a high degree of sustainable economic convergence with the euro area." Based on the On April 22, 2013, the Danish government and the opposition party Dansk Folkeparti agreed to a package of initiatives designed to boost growth and employment. The initiatives are contained in a bill that would cost 17 The Thai government recently announced that it plans to invest two trillion baht (about US$68.8 billion) in infrastructure development megaprojects, most of them involving transportation, over the next seven years. The government plans to borrow the On February 27, 2013, the Egyptian Council of Ministers approved a draft law allowing the issuance by the government of Islamic bonds, known as "sukuk." The intent behind the draft law was to help close the On October 17, 2012, Indonesia's national government issued a regulation that places a limit on which businesses may submit bids for government construction in Papua. Presidential Decree On November 28, 2012, the European Commission adopted the Annual Growth Survey (AGS), which serves to provide guidance to the European Union (EU) Member States to ensure that their budgetary and economic policies are in line On July 25, 2012, the Knesset (Israel's parliament) passed the Reduction of Deficit and Limitation of Budgetary Expenses (Amendment No. 12) Law, 5772-2012. The amended Law provides caps for public spending and limits the level of On March 5, 2012, New Zealand's Minister for State-Owned Enterprises, Hon. Tony Ryall, introduced a bill that, if passed, will enable the partial sale of four state-owned energy companies. (Mixed Ownership Model Bill 7-1 (2012), On September 14, 2011, the decree that the Italian government had issued in August on an "anti-crisis" package was converted into law by the Parliament. The law is designed to correct Italy's fiscal deficit of 45.5 Honduras passed a legislative package during 2010 aimed at boosting the economic development of the country. This package is composed of three major laws. The first is Legislative Decree 107-2010, containing the Law on Supplementary Income The Nigerian House of Representatives approved the Sovereign Investment Authority Bill (Nigerian House of Representatives website (last visited May 17, 2011), which the upper house had passed on May 11, 2011, bringing the legislation one On May 11, 2011, the 109-member Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which seeks to establish a sovereign wealth fund to manage excess profits from the country's sale of crude oil. One of the essential requirements in order for the European Monetary Union (EMU) to function properly is that the EU members must avoid excessive budget deficits. The Protocol on the Excessive Deficit Procedure provides that EU On February 11, 2011, members of the European Commission, the European Central Bank, and the International Monetary Fund (IMF), or the "troika," as the three bodies are often called, concluded a two-week visit to Athens to On October 1, 2010, Germany paid off the last residual interest payments of the bond issues through which the Dawes and Young plans were privatized, thereby making its last payments on reparations imposed after World War On May 7, 2010, Germany's President signed into law the Act on the Providing of Loan Guarantees to Support the Solvency of the Hellenic Republic Required to Maintain Financial Stability Within the Currency Union (BUNDESGESETZBLATT I On May 9, 2010, the Economic and Financial Affairs Council (ECOFIN) of the European Union, in response to the grave financial crisis that is currently unfolding in Greece and in an effort to preserve and restore On January 11, 2010, China's State Council published the draft Implementation Regulations of the Government Procurement Law (Draft Regulations) on its website, in order to solicit public opinion on its provisions. The 116-article regulations will clarify On October 30, 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC) issued a joint circular, with On November 14, 2009, Egypt's Council of Ministers discussed new legislation on creating a long-term partnership agreement between the private sector and the Egyptian government. The proposed law would enable private corporations to play a larger It was reported on October 16, 2009, that the Nigerian House of Representatives is working on a bill for an "Act for the Creation of the National Office of Government Performance and Accountability of 2009," which It was reported on July 14, 2009, that the Government of the Socialist Republic of Vietnam was to begin a comprehensive inspection of all basic construction projects receiving assistance from the country's fiscal stimulus package, in Taiwan acceded to the World Trade Organization's Government Procurement Agreement (GPA) on June 8, 2009, which will make it the 41st party to the treaty once formal accession enters in force 30 days thereafter, on or On June 26, 2009, a joint statement made by the spokesmen of the Ministry of Commerce (MOFCOM) and of the National Development and Reform Committee (NDRC) was published by the official government news agency, Xinhua. The China's key economic planner, the National Development and Reform Committee, issued a notice on May 26, 2009, on tightening government supervision of tenders and bids in connection with government-invested projects (FGFG [2009] No. 1362). The notice It was reported on June 11, 2009, that Tanzania is gearing up to bail out companies hard hit by the global financial slowdown. In a speech to lawmakers and elders, Tanzanian President Jakaya Kikwete stated that Prime Minister Jan Peter Balkenende of the Netherlands outlined his government's plan to "invest heavily in the Netherlands' future" in a statement made to the Dutch House of Representatives on March 25, 2009. (Press Release, Government On January 23, 2009, Taiwan's Special Statute for Revitalizing the Economy and Expanding Public Construction was promulgated, in 17 articles. It will remain in effect until December 31, 2012. The goals of the Statute, which was A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the The Organisation for Economic Co-operation and Development (OECD), a 30-member body founded in 1961 that "brings together the governments of countries committed to democracy and the market economy from around the world," recently published a booklet On January 15, 2009, the President of Nicaragua, Daniel Ortega Saavedra, issued a decree on "austerity and savings." Presidential Decree 02-2009, published in LA GACETA, DIARIO OFICIAL [the official gazette] of January 21, 2009, contains the On December 5, 2008, the Special Statute for Distributing Consumption Vouchers for Revitalizing the Economy was promulgated and took effect in the Republic of China (on Taiwan) (ROC). It will remain in force until September 30, On November 24, 2008, Taiwan's Executive Yuan (Cabinet) approved two draft bills on the government's economic stimulus package. The estimated NT482.9 billion (about US$15 billion) program was divided between the two bills in an effort to On October 1, 2007, the Mexican government officially published a fiscal reform package to increase the government's revenue. The fiscal laws amended are: the Income Tax Law, the Federal Fiscal Code, the Special Tax Law on... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 02 Nov 2007 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540161_text