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Europe

Minister confirms that PKO BP-PZU capital merger is on

State Treasury Minister, Piotr Czyїewski, has confirmed earlier rumours in the press concerning plans for a capital merger between the insurance giant PZU and the largest retail bank PKO BP, both controlled by the Treasury. The Minister cautiously added that...

#bank#insurance

Study predicts adoption of Euro in 2009/2010

The Czech economy should adopt the euro in 2009-2010, says a document compiled jointly by Czech National Bank (CNB) and…

#bank#economy


Foreign direct investment in Russia could hit $6.5 bn...

Foreign direct investment (FDI) in Russia could hit $6 billion - $6.5 billion in 2003. FDI has been growing at…


Finance Ministry: corporate tax rate unlikely to fall beyond...

No additional cuts in the corporate tax rate are likely beyond the government's current plan to reduce the rate from…

#forum#investment


Serbia to host SME conference

The Serbian Ministry of Economy and Privatisation will organise the first international conference entitled Small and Medium-Sized Enterprises - New…

#bank#conference#international


Monetary Policy Council cuts mandatory reserve rate to 3.5%

The Monetary Policy Council (MPC) has cut banks' mandatory reserve level from 4.5% to 3.5%. The reduction of mandatory reserves…


Chancellor and Prime Minister fail to win over small...

The two main speakers at the Labour Party Conference left small business representatives reserving judgement on whether the future policy…


Dr Kбroly Martinkу announces launch of AKKORD VF receivables...

A new Hungarian receivables finance company, AKKORD VF Venture Finance, has been launched by Dr Kбroly Martinkу. Until last January…


Poland sees US$ 2.53 bn in FDI

Poland saw foreign direct investment (FDI) of US$ 2.53 bn in the first half of 2003 against US$ 3.2 bn…


Company fraud legislation is 'failing' as more than half...

Financial and legal experts have warned that the government's effort to halt the rising tide of business fraud is failing…


Businesses continue to trust in the economy

Positive news was received on Tuesday (30 September) regarding the Finnish economy. Businesses expressed firmer confidence in the future in…

#economy#European Commission#GDP


Opening up public procurement to small firms

Small- and medium-sized businesses are set to win more contracts from central and local government. Ministers have promised to get…

Foreign investment inflow reaches Kc 1.27 trillion

The Czech Republic has attracted foreign investment worth Kc1.27 trillion (Kc127,000 per capita) the largest amount in central and eastern…

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