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Europe

Central bank cuts interest rates

As expected, Sweden’s central bank has reduced interest rates by 0.25 percentage points to the lowest level since the end of WWII. The repo rate is now 2.5% with a prediction of the continued gradual recoveries of the world economy...

#bank#inflation#interest rates

Business optimism improving, IoD survey reveals

Optimism and performance of UK companies has improved over the past three months, according to a survey released today by…


Free Customs seminar to help Scottish businesses fight money...

Scottish businesses are urged to attend a free seminar on Tuesday 10 February giving guidance on their new role in…


Receivables financier pleads innocent to fraud charges

Prosecutors have expanded charges against Trond Kristoffersen, one of two defendants in the biggest financial scandal in Norwegian history. The…


Northern Ireland’s economy expands for tenth month in a...

Northern Ireland's private sector economy expanded for the tenth successive month in January, according to the Ulster Bank PMI survey…

#bank#economy#inflation


Company insolvencies down in Q4 2003

Statistics showing insolvencies in the fourth quarter 2003 are published today by the Department of Trade and Industry. (DTI) COMPANY…


Businessmen's Association of Romania warns on EU joining costs

The Businessmen's Association of Romania (AOAR) warned Romanian companies that they would face very high costs resulting from the country's…

#funding#GDP#liquidity


BRE Leasing profit nearly doubles

Net profit of BRE Leasing increased to Zl3 million in 2003 compared to Zl1.6 m in 2002. Volume of new…

#bank#leasing


Trade to Norway soars

Romanian - Norwegian trade exchange continued to show growth last year and reached US$190 million, compared to US$170 million in…

#exports#trade


ECGD helps boost small companies in the Northeast with...

A small County Durham-based specialist engineering company has won Ј6.7million of business to supply copper tube manufacturing equipment to Mexico…

#bank#exporters#exports


Bank of England raises rates

The Bank of England raised its main interest rate today for the second time in three months. The quarter-point rise…

#bank#Bank of England#Deutsche Bank


Serbian companies lack funds for financing export production

The main reason identified for the big foreign-trade deficit in the past year is the inability of companies to find…

#bank#guarantees#interest

Shipowner boosts stake in debt collection agency

John Fredriksen, best known for being the world's largest tanker owner, has boosted his stake in debt collection agency Aktiv…

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