Volkswagen committed to Mexico, but workers worry

Egypt m2 money supply rises 194 pct in year to end july


´╗┐CAIRO, Aug 29 Egypt's M2 money supply climbed by 19.4 percent in the year to the end of July, the central bank said on Thursday. Money supply rose to 1.316 trillion Egyptian pounds ($188 billion) from 1.296 trillion at the end of June and 1.102 trillion at the end of July 2012. Following is a table of the latest M2 figures in billions of Egyptian pounds, according to the central bank's website (this site): (In bln pounds) July 2013 June 2013 July 2012 Domestic liquidity (M2) 1,316.2 1,295.8 1,101.9

Hungarys eximbank to provide loans to help exporters


´╗┐BUDAPEST Feb 5 Hungary's state-owned Eximbank has signed a deal with 12 commercial banks operating in Hungary to provide loans with a maximum two-year maturity for small and medium sized businesses to boost exports, Eximbank and the Economy Ministry said in a statement on Wednesday. The euro-denominated loans will have a maturity of minimum 6 months and maximum 2 years, will carry a fixed, favourable interest rate, and will serve to prefinance exports.

Including this new credit instrument, Eximbank has a total credit line of over 600 million euros ($810.62 million) to provide financing for domestic exporters and this can be expanded, Eximbank and the ministry said in the statement.

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