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Europe

EBRD delegation to sign new agreements

A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign two agreements on credit lines for small- and medium-sized businesses (SMEs) and energy efficiency projects. The EBRD is Bulgaria's biggest...

#bank#smes#Two

EIB plans key regional role for Greece

Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…


US$3 million loan for Moldova’s SMEs

Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…

#bank#international#smes


VAT rules to change on 1 May 2004

A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…

#cash-flow#exporters#regulation


Guidance on calculating late payment interest needed

Almost three quarters of the 1,476 businesses surveyed on the Better Payment Practice Group’s (BPPG) website admitted that they are…

#interest#late payment#management


Polish unit of Raiffeisen sees 2003 profits leap, SME...

Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…

#bank#management#Raiffeisen


Franchising – a winning formula

Franchising is a winning formula for budding entrepreneurs looking to gain a first foothold in setting up their own business.…


Re-positioning SMEs in the global market

Federation of Industries (FOI) president Anton Borg launched the forthcoming FOI conference to be held on 30 March when he…


Budget baffles small businesses

Research out today commissioned by invoice and asset-based financier, Venture Finance PLC, reveals that worryingly few small- and medium-sized enterprises…


Fraud hammers Potential Finance results

Potential Finance Group PLC went into the red in a "challenging” year to September, with its results weighed down by…

#bad debts#BCR Publishing


Small business needs 1,000 billion rubles (US$ 35 billion)...

Russia's small businesses need nearly a trillion rubles of financial resources, Yevgeny Primakov, president of the Russian Chamber of Commerce…


Tenth interest rates cut since December 2002; down to...

Norway's central bank cut its key interest rate on Thursday by 25 basis points to a new record low of…

#bank#economy#inflation

The search for the British Small Business Champion of...

The national hunt for the 2004 British Small Business Champion is about to kick-off for its third year. The competition…

#awards#small business#small businesses

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