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Eastern Europe

Latvians vote 'yes' to EU membership

Latvia became the last of the EU's 10 applicant countries to approve membership of the union on Saturday (20 September) when its citizens voted overwhelmingly in favour of joining. Although the small Baltic Republic had been seen as one of...

New tax rules unveiled

Following several weeks of fierce debate within the ruling coalition, the government has finalised its proposal for tax changes in…


Volksbank gets Ђ10m loan from EBRD

Osterreichische Volksbanken AG (OVAG) will grant a ten-year Ђ10m subordinated loan to its Hungarian subsidiary, financed by a loan from…


Foreign direct investment to shift away from EU accession...

Foreign direct investment (FDI) inflows into the transition economies of eastern Europe this year are expected to be similar to,…

#investment#investments#poland


Cabinet approves tax threshold changes

The Cabinet approved plans on Wednesday (17 September) to reduce company profit tax by 2% to 16% and to raise…


Global FDI confidence index shows Poland in 4th place

According to a report from global consulting company A.T. Kearney on the FDI (foreign direct investment) confidence index, the most…

#investment#investments#poland


HSBC faces uphill battle on local market

HSBC Bank Polska, the local subsidiary of the world's second-largest banking company, faces a number of tough hurdles in the…


Leasing companies set up credit history register

Seven Czech leasing companies are working on launching their own client register following in the footsteps of five Czech banks…


CNB to require banks to create mandatory minimum reserves

The Czech National Bank's (CNB) decision to require banks to create mandatory minimum reserves as of November 6 will create…

#bank#banks


FDI inflows increase to record US$9.3 bn in 2002

Foreign direct investment (FDI) inflows amounted to a record US$ 9.3bn in the Czech Republic last year, which is the…


EU accession could prove fatal for many SMEs

Government trade agency CzechTrade, Deloitte & Touche (D&T) and consultancy Adwise have unveiled a new programme designed to provide exporters…

#conference#exporters#international


New grant programmes available for industry and tourism SMEs

Applications can now be made for two new grant schemes for industry and tourism development totalling Ђ4.4m and Ђ5.5m respectively.…

EBRD lends US$33 million for SME financing

The European Bank for Reconstruction and Development (EBRD) has disbursed US$33 million to Ukraine as a second tranche on a…

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