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Europe

Defendant acquitted in Versailles trial

The Serious Fraud Office (SFO) suffered a fresh blow to its credibility yesterday after Lorraine Jones, one of the two main protagonists in the Versailles trial, was acquitted of fraud charges. The Crown's decision to drop its prosecution ended a...

#bank#trade#Two

Central bank rate cuts surprise market

The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…

#bank#exports#international


Industry upbeat about growth

Greek industry has prospects for dynamic growth in the post-2004 environment, mainly due to extensive restructuring, which has enabled it…


Ј26m funding package spells a bigger, better Bibby

Bibby Financial Services has secured Ј26m of funding to boost its UK operations and to drive its international expansion. The…


New VAT rates to be applied from May 1

The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per…

#interest#interest rates#leasing


SVB Holdings PLC acquires trade credit insurer

SVB Holdings PLC, the specialist insurance and reinsurance group, today announces that it has acquired the business of Credit Indemnity…

#AON#financial services#reinsurance


ISME warns postal disruption will hit small business sector

The disruption to the postal services is already hitting small businesses hard and could result in redundancies within days, the…

#cash-flow#small business#small businesses


MPS Leasing & Factoring first full year net profit

Monte dei Paschi Leasing & Factoring (MPS) have announced a net profit of Ђ6m, and total commissions of Ђ4bn in…


Small businesses feel pinch

The Czech government had turned its back on small- and medium-sized enterprises (SMEs). The sector not only faces increased foreign…

#security#small businesses#smes


EBRD to raise credit for small businesses in Russia

The European Bank for Reconstruction and Development (EBRD) plans to increase loans to small business in Russia to US$2 billion…


Northern Ireland – firms export 'by accident'; new guide...

Nearly two-thirds of small- and medium-sized Northern Ireland firms (SMEs) that export goods and services are accidental exporters, it has…


Northern Ireland’s small firms still get a raw deal

Budget 2004 contained few shocks for corporate Northern Ireland: that does not mean that everything in the garden is rosy.…

#interest#management#smes

Coface UK poll shows confidence that payment problems will...

Coface UK recently conducted a mini-poll asking respondents whether they believed levels of delayed and/or non-payment will increase or decrease…

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