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Eastern Europe

Venture capital investments rise

Venture capital and private equity transactions have so far totaled Ђ113 million in 2003, according to figures released by the Hungarian Venture Capital Association (HVCA). According to the HVCA, the venture capital market has undergone a great degree of polarisation...

Enterpreneurs can draw cheap loans from EU funds

Grants are a direct aid for future drawing of funds from EU Structural Funds. The Slovak Guarantee and Development Bank…

#bank#banks#guarantee


New British trade mission seeks business opportunities

Representatives of 16 British companies led by the London Chamber of Commerce and Industry (LCCI) will visit Romania from10 to…


VUB investigated over Konsult Real Company loans

The Slovak Police unit for investigating extra-serious crimes is reported to have detected several crimes linked to the Vseobecna uverova…

#bank#bankruptcy#Exim Bank


EIB loans will aid SMEs

With EU accession looming, the European Investment Bank (EIB), the Union's development bank, has been busy extending loans to Hungary…


Slovak EXIM Bank increases support for exports

State-run EXIM Bank plans to support exports worth 60.5 billion Slovak Crowns (SKK) in 2004, which makes up 7.5 percent…


Exim Bank signs an accord with Brazilian bank

Romania’s Exim Bank said it has signed a cooperation accord with Brazil’s Bank for Economic and Social Development. “The accord…


Central bank lowers intervention rate

Romania’s central bank board has decided to lower its intervention rate by 0.06 percentage points to 20.19% in a move…

#bank#inflation#trade


Only one bidder for Konzumbank

The sole offer for Konzumbank, made by the Hungarian Foreign Trade Bank Rt (MKB), was unanimously accepted by the board…

#bank#interest#smes


Factoring portfolio soars 39% in 9 months

The aggregate factoring portfolio of the members of the Lithuanian Leasing Association (LLA) grew by 39.1 per cent during the…

#factoring statistics#international#international factoring


Slovakia to introduces tax reforms in 2004

From January 2004 the corporate tax will decrease to 19%. Currently, employees and self-employed pay progressive taxes between 10% and…

#Bill#GDP#VAT


Community Habitat Finance Romania a competitor for local SMEs...

Community Habitat Finance (CHF), the Romanian branch of Community Habitat Finance International - a nonprofit American organisation, launched a finance…

EBRD to allocate US$10 m for agribusiness to Ukraine...

The EBRD has confirmed the participation of Kyiv-based Ukrsotsbank in a funding program for agro- traders and producers with grain…

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