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Europe

Fortis opens Fortis Lease Italia in Milan

In June 2003, Fortis Lease Group announced its intention to have a branch of its own in every country in which Fortis Bank has a Business Centre by 2008. With the opening of Fortis Lease Italia in Milan, Fortis Lease...

Polish small business owners assess future in EU

Now that Poland is part of the European Union, small businesses are worried they could be crowded out by large…


Central Bank increases key interest rates

Cyprus Central Bank Governor announced that the Monetary Policy Committee (MPC) decided to increase the key interest rates by one…

#bank#interest#interest rates


FDI in Bulgaria down by 60 per cent

Foreign direct investments (FDI) in Bulgaria have gone down by nearly 60.5 per cent over the first two months of…

#bank#investments#Two


Credit insurance and factoring in Germany – a report

After a wave of consolidation, only three major sources provide private export credit insurance cover in Germany… To read a…

#export credit insurance#exporters#trade


EU enlargement catches Scottish SMEs unprepared

According to those trying to push the economic benefits of enlargement of the European Union from 15 to 25 member…

#exports#financial services#forum


AMF approves Natexis withdrawal bid for Coface

France's financial markets authority (AMF) has approved French bank Natexis Banques Populaires' public withdrawal offer for French credit insurance group…


Small business finance 'strong', says BoE

According to the eleventh - and final - report on finance for small firms, "there was little evidence of smaller…

#bank#Bank of England#business finance


Union condemns Lloyds TSB closure of Bournemouth asset finance...

The finance union UNIFI described the announcement of 270 job losses within Asset Finance, the finance house arm of Lloyds…

#banks#insurance#Jobs


Venture capital investments total 117 million euros in Hungary

Some 40 venture capital funds invested a total of Ђ117 million in Hungary in 33 transactions last year, according to…


Central Bank reduces key interest rates by 50 basis...

Slovakia's central bank NBS bank board reduced key interest rates by 50 basis points. The two–week repo-tender rate now stands…

#bank#inflation#interest


EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized…

#bank#guarantees#SME financing

Survey supports European expansion – European entrepreneurship encouraged

Research published today from leading invoice and asset-based financier, Venture Finance PLC, reveals that 40 per cent of businesses believe…

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