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Europe

New tax rules unveiled

Following several weeks of fierce debate within the ruling coalition, the government has finalised its proposal for tax changes in 2004. The final version, which will be sent to Parliament for discussion, includes a lower corporate tax rate and lower...

Volksbank gets Ђ10m loan from EBRD

Osterreichische Volksbanken AG (OVAG) will grant a ten-year Ђ10m subordinated loan to its Hungarian subsidiary, financed by a loan from…


Foreign direct investment to shift away from EU accession...

Foreign direct investment (FDI) inflows into the transition economies of eastern Europe this year are expected to be similar to,…

#investment#investments#poland


Export confidence at two-year high

Confidence among exporters is at its highest level for two years as firms benefit from a weaker pound and EU…


Coface announces “Final Demand” online collections service

Credit solutions provider, Coface UK, part of the world’s largest export credit insurance group, has launched a new online collections…

#credit reports#credit risk#debt collection


Banca IFIS increases profit in first half 2003

One year after becoming a Credit Institution, Banca IFIS exclusively provide working capital, mainly through factoring, for small- and medium-sized…


Westaways set for new growth with confidential invoice discounting...

Devon sausage maker Westaways has secured a new deal with supermarket giant Sainsbury’s after signing a new finance agreement with…


Interest rates cut to 50-year low

The Norwegian Central Bank (Norges Bank) reduced the sight deposit rate by 0.5 percentage points to 2.5 per cent effective…


Cabinet approves tax threshold changes

The Cabinet approved plans on Wednesday (17 September) to reduce company profit tax by 2% to 16% and to raise…


Global FDI confidence index shows Poland in 4th place

According to a report from global consulting company A.T. Kearney on the FDI (foreign direct investment) confidence index, the most…

#investment#investments#poland


KMB Bank assigned A1 rating

Interfax Rating Agency, the strategic partner of Moody's in Russia, has assigned a long-term credit rating of A1 (rus) to…

#bank#interest#risk


Sygnet Invoice Finance Limited release financial statement

Sygnet Invoice Finance Limited have released their financial statement for the year ended 31 October 2002. The report shows the…

#invoice

Manufacturers “not out of the woods yet” as orders...

Hopes of a manufacturing pick-up suffered a setback this month as order books weakened, reversing last month's improvement, according to…

#international#Two#WHO

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