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Small- and medium-sized enterprises (SMEs) obtained financial assistance totalling SKK3.042 billion over the second half of 2003. SKK2.215 billion was obtained in the form of loans, capital investments accounted for SKK103.65 million, and SKK277.643 million was provided in grants. The...
Hungary's central bank (MNB) unexpectedly cut its benchmark interest rate a quarter-point, reducing borrowing costs for the second time in…
#bank#Boost#interest
Total foreign direct investment (FDI) stock in Hungary has reached Ђ31 billion, says MNB’s managing director. Central Bank, MNB recalculated…
#bank#GDP#investment
Perceiving a global recovery Hungarian firms are more optimistic regarding their business prospects and the country's economic situation in the…
Magyar Takarйkszцvetkezeti Bank Rt (MTB) signed a deal with Kreditanstalt fьr Wiederaufbau (KfW), the German development bank, to take out…
#bank#investment#investments
The National Bank of Hungary (MNB) unexpectedly cut its benchmark interest rate a quarter percentage point. The Monetary Council lowered…
#bank#GDP#inflation
Austria's Oberbank will be the first bank to enter the Czech market after the country joins the European Union. The…
#bank#First Bank#smes
The inflow of foreign direct investment (FDI) in Bulgaria for January 2004 totalled US$ 39.5 million (0.2 per cent of…
#GDP#investment
The Privatisation Authority's (APAPS) commission conducting the privatisation process of Banca Comerciala Romana has asked its legal consultant, Nestor&Nestor, to…
The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…
#bank#exports#international
The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per…
#interest#interest rates#leasing
The Czech government had turned its back on small- and medium-sized enterprises (SMEs). The sector not only faces increased foreign…
#security#small businesses#smes
A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…
#bank#smes#Two