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Eastern Europe

Planned merger to leave single financial market overseer

The four bodies currently overseeing the Czech financial market will gradually merge over the coming years, resulting in one institution overseeing the market by 2009 or 2010, according to the Finance Ministry, the Czech National Bank (CNB) and the Czech...

EBRD report upbeat about economy but criticizes bankruptcy laws

The European Bank for Reconstruction and Development (EBRD) has identified flaws in the legal framework for business and the bankruptcy…

#bank#bankruptcy#insolvency


Central bank hikes intervention rate

Romania’s central bank board has decided to increase by one percentage point to 21.25 per cent its intervention rate in…


Changes in Hungary’s venture capital scene

The president of the Hungarian Venture Capital and Private Equity Association (HVCA) Juliбn Tzvetkov, says he expects fundamental changes in…

#bank#banks#conference


Direct foreign investments grow about 63.3%

Direct foreign investments (DFI) in Ukraine grew by 63.3% ($741.6m) in January-September, the State Statistics Committee announced. The total volume…


Latvia's factoring and leasing association members’ portfolio up 10%...

According to association data, factoring portfolio of the association members as at 1 October was 33.5 million lats, down 7…


Taxing proposals for ex-pats

Central European governments are rightly betting that slashing their base corporate tax rates will attract more direct foreign investment (FDI).…

#GDP#investment#poland


CSOB Leasing leading market

CSOB Leasing, a leader on the Czech leasing market last year, signed contracts with a total value of 10.1 billion…


Venture capital investments rise

Venture capital and private equity transactions have so far totaled Ђ113 million in 2003, according to figures released by the…


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…

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