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Europe

Growth surprise boosts Brown and raises interest rate fears

The UK economy grew twice as fast as previously thought in the second quarter of 2003, official figures have shown. The Office for National Statistics said its revised estimate showed that gross domestic product (GDP) rose by 0.6% between April...

#bank#Bank of England#Commerzbank

International accounting standards will apply to SMEs

Many smaller companies may be assuming that International Accounting Standards (IAS) will not affect them, but, according to the Institute…

#international#small business#smes


Ultimate Finance says first year objectives met

From the period 10 January 2002 to 30 June this year, Ultimate Finance reported sales of Ј485,117, with a pre-tax…


Parliament approves gradual decrease in corporate income tax

The Chamber of Deputies, the Czech lower house of parliament, has approved an amendment to the income tax cutting corporate…


Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…

#bank#IMF#memorandum of understanding


Customs offer SMEs intellectual property protection at reduced fee

Small- and medium-sized businesses (SMEs) are to be encouraged to take advantage of the protection offered by Customs and Excise…


FDI in Slovakia rises 12.5 per cent in first...

Foreign direct investment (FDI) in Slovakia rose in the first half of 2003 by 15.2 per cent year-on-year to Sk20.838…


Slovak central bank cuts rates by 0.25 pts

In a move that caught the market off-guard on Thursday (25 September), the Slovak National Bank (NBS) cut key interest…


SME rating agency enters pilot phase

Promising increased transparency and easier access to financing for small-and medium-sized businesses (SMEs), the Prague Chamber of Commerce, Czech Credit…


Latest business confidence survey results

The climate of confidence reported by Istituto di Studi e Analisi Economica (ISAE) among retailers in July and August has…

#Two


Final deadline for FDA certificate registration approaches

The deadline for student FDA Certificate course registrations is fast approaching for the second and final registration period of 2003.…

Strengthening Norwegian Krone suggests interest rate cut imminent

The Norwegian Krone has greatly strengthened and has reached its highest level since June. This may force The Norwegian Central…

#bank#interest#interest rate

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