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Europe

IGF Invoice Finance report pre tax profits up 55%

IGF Invoice Finance Limited, part of Independent Growth Finance Limited, has recorded a pre-tax profit of Ј510,723 for the year to 31 March 2003, an increase of 55.8% compared with the previous twelve months (Ј328,214-2002). Turnover in the same period...

Slovak business confidence down in July

Businesses confidence in Slovakia’s economy dropped in July, when the business confidence index fell 2 points from +8 points in…

#economy


IMF warns Netherlands of risks to a recovery

The International Monetary Fund (IMF) said on Friday (8 August) "substantial" risks remained for an economic recovery in the Netherlands…


Finnish industry sees no rapid recovery

According to the new Business Tendency Survey published by the Confederation of Finnish Industry and Employers (TT) on Thursday, executives…

#economic recovery#economy#exports


Central Bank increases by 1% the rate of intervention...

Romania’s Central Bank (BNR) decided to increase by 1% - to 19.25 from 18.25 - BNR’s rate of the intervention…

#bank#banks#guarantee


Italy slides into recession

Italy has slipped into a recession for the first time in 11 years, the government reported after studying the effects…

#economy#GDP#recession


Firms warned to cut out cartels or risk jail

Small businesses need to be aware of new pro-competition rules, which could see price-fixing bosses fined or even sent to…


National Bank to keep discount rate at 7% in...

Arsen Yatsenyuk, first deputy chairman announced that The National Bank of Ukraine (NBU) plans to leave its discount rate at…

#bank#inflation


Central bank’s surprise interest rate cut

The Czech National Bank (CNB) surprised the market with another 25 bp rate cut. The CNB's board decided to cut…


Success for Northern Ireland Business Start Programme

The Northern Ireland Business Start Programme (NIBSP) is significantly ahead of its target for business creation. Management consultants PricewaterhouseCoopers estimated…


SMEs see no way out of the trading gloom

Small- and medium-sized manufacturing companies (SMEs) see no end to the difficult trading conditions of the past six years. In…

#economy#interest rates#smes


Eurofactor (UK) announces pre-tax loss in 2002

Eurofactor (UK) Limited, the London-based subsidiary of the French Eurofactor SA factoring and invoice discounting group, has announced a pre-tax…

SMEs to be hit by privacy rules

A leading commercial law firm has warned that new European data protection regulations could prevent many UK small firms from…

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