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Total foreign direct investment (FDI) stock in Hungary has reached Ђ31 billion, says MNB’s managing director. Central Bank, MNB recalculated both the flow and cumulative stock of FDI in Hungary from 1998 under new methodology. Inward FDI reached Ђ3.439 billion...
#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
A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…
#cash-flow#exporters#regulation
Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…
#bank#management#Raiffeisen