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Europe

Poland entices banks to finance EU programmes for SMEs

Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal changes, which should significantly boost banking sector bottom lines. Poland is prepared to loosen rules on bad loan provisioning and...

#bank#banks#guarantees

Foreign investments grew to US$202 million in Q1

Foreign direct investments (FDI) in Bulgaria over the first three months of 2003 mounted to some $US 202 million, as…

#exports#investments


OB Heller Factoring and CSOB Leasing report Q3 results

OB Heller Factoring of the financial group CSOB achieved a turnover of Skk3,917 billion for the first nine months of…

#bank#KBC#leasing


Restructuring plan for Banca Comerciala Romana

The European Bank for Reconstruction and Development (EBRD) board has approved the memorandum of understanding (MOU) on the joint takeover…


Things light up for Norwegian industry

The record low interest rate has not, until now, provided Norwegian industry with any really big pay offs, but all…


Industry expectation is on the rise

The National Statistics Office reports that the short-term outlook for Danish manufacturing was less sour in October. The agency’s monthly…


Mixed economic reviews

According to industry data presented Thursday (30 October), in October a poor production outlook for Finnish firms drove industry confidence…

#international


The Royal Bank Of Scotland Commercial Services appoints business...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, has announced…


Barclays confirms a review of its Hastings factoring operation

Barclays confirmed yesterday that it has begun a review of its Hastings-based factoring operation, which employs 350 people. It said…

#Jobs#trade#WHO


Corporate tax to decrease revised to 20% in 2005

The Finance Ministry of Bulgaria has revised its plans to set corporate profit tax at 15% starting from 2005 and…

#GDP


Optimism soars in small business sector

With optimism about the UK economy having risen dramatically in the last year, four out of five owner-managers believe their…


Number one in global competitiveness survey

According to this year's Global Competitiveness Report, prepared by Swiss organisation World Economic Forum (WEF), Finland is once again the…

RamExim pays half of the 10% share in insurer

Azerbaijan's RamExim has paid for half of its 10% stake in Ateshgyakh, an Azerbaijani-Russian insurance company, according to deputy general…

#insurance#Paid

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