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Europe

EBRD supports small business in Romania

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have released Ђ5m to Microfinance Bank MIRO, a private Romanian bank, to support small and medium-sized enterprises (SMEs) in the country. The five-year loan bears a two-year...

#bank#international#microfinance

Signs of recovery in the timber and paper sectors...

Credit solutions company, Coface UK, has warned that the printing industry shows no sign of an upturn, although the paper…


Informal talks started concerning ERM II membership

According to the governor of the Hungarian National Bank (MNB), the MNB and the European Central Bank (ECB) have started…


Factor wins case against DaimlerChrysler attempt to write off...

DaimlerChrysler, the German-US car manufacturer, has been told by the Federal Supreme Court of Germany that it will have to…


SMEs should be more aware of impact of the...

Irrespective of whether the UK decides to join the single currency, the euro-zone is already a practical reality for the…


RBS Commercial Services’ bad debt protection

More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…

#bank#international#invoice


Solicitors are the first port of call when looking...

A survey conducted on the Better Payment Practice Group (BPPG) website during September showed that solicitors are the most popular…

#interest#management#WHO


Sun starts to shine on SME manufacturing sector

The small-and medium-sized enterprise (SME) manufacturing sector recorded its highest levels of business activity and new orders since the end…


State-owned credit insurer may get exclusive rights

The state-run credit insurance company Lietuvos Eksporto ir Importo Draudimas (LEID), the Lithuanian Export-Import Insurance Company, is to be sold…


Tough times ahead, warns BoE governor

Britain faces tougher times throughout the coming decade, Mervyn King warned on Tuesday night in his first speech since taking…

#bank#Bank of England#interest rates


Banks transfer to International Accounting Standard

The Russian Central Bank and Finance Ministry plan to recommend audit firms for International Accounting Standard (IAS) reports, Central Bank…

#bank#banks#international


Adoption of Euro in 2009-2010

The government yesterday approved a strategy for adopting the euro in 2009 or 2010. The prerequisites for the transfer to…

#bank

How tax reforms will impact on SMEs

Government proposals for corporation tax reforms will affect every company in the country and small and medium sized enterprises (SMEs)…

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