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German bankruptcies hit a record high last year as the fragile state of Europe's largest economy and rising private borrowing led over 100,000 firms and individuals to ask courts to work out their debt problems. Almost 40,000 firms along with...
#economy#insolvencies#insolvency
Irrespective of sector, innovative organisations recognise that to maintain their competitive advantage they must continually seek to identify, develop and…
An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…
#acquisition#commercial finance#funding
Gordon Brown closed a tax loophole for self-employed people two years after he created it, in a U-turn that infuriated…
#Deloitte#Paid#small business
Responding to the Chancellor's budget speech, the Association of Chartered Certified Accountants (ACCA) was disappointed with the ways the Chancellor…
According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…
#bank#economy#small business
The European Investment Bank (EIB), the European Union’s long-term financing arm, provided a total of Ђ1.2 billion for projects in…
A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…
#bank#smes#Two
Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…
Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…
#bank#international#smes
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
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
Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…
#bank#management#Raiffeisen