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Eastern Europe

Poland sees US$ 2.53 bn in FDI

Poland saw foreign direct investment (FDI) of US$ 2.53 bn in the first half of 2003 against US$ 3.2 bn a year earlier, with the full-year figure expected to sag below expectations and nearer to US$ 5 bn due to...

Foreign investment inflow reaches Kc 1.27 trillion

The Czech Republic has attracted foreign investment worth Kc1.27 trillion (Kc127,000 per capita) the largest amount in central and eastern…


Parliament approves gradual decrease in corporate income tax

The Chamber of Deputies, the Czech lower house of parliament, has approved an amendment to the income tax cutting corporate…


Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…

#bank#IMF#memorandum of understanding


FDI in Slovakia rises 12.5 per cent in first...

Foreign direct investment (FDI) in Slovakia rose in the first half of 2003 by 15.2 per cent year-on-year to Sk20.838…


Slovak central bank cuts rates by 0.25 pts

In a move that caught the market off-guard on Thursday (25 September), the Slovak National Bank (NBS) cut key interest…


SME rating agency enters pilot phase

Promising increased transparency and easier access to financing for small-and medium-sized businesses (SMEs), the Prague Chamber of Commerce, Czech Credit…


Ceska Sporitelna launches energy conservation loan programme

Savings bank Ceska Sporitelna is to launch a new money-lending programme Finesa that will provide loans to small- and medium-sized…

#bank#international#investment


Parliament overturns presidential veto on VAT

The Czech Chamber of Deputies (the lower house of parliament) overturned a veto by President Vaclav Klaus on Tuesday (23…

#Bill#VAT


EBRD and IFC plans for Banca Comerciala Romana restructuring

European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have prepared a restructuring plan for the…

#bank#financial institution#international


Deloitte & Touche aids SMEs to compete in EU...

Deloitte & Touche and consultancy Adwise, together with the Czech government trade agency CzechTrade, have launched a new programme aimed…

World Bank study at odds with FDI Confidence Index

Poland has jumped up the world league of countries that are attractive to foreign direct investment (FDI), according to AT…

#bank#bankruptcy#investment

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