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Europe

CBI in plea over export credit

The Confederation of British Industry (CBI) will today urge the government to give UK businesses the same level of help on export credit afforded to firms in countries such as Germany and the US. The government is reviewing the future...

Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables


German exports continue to decline

Though German car exports may be on the rise, German exports, in general, continue to suffer as a result of…


Davenham Group breaks all records –profits up by over...

Davenham Group today announced record profits for the financial year ending 30 June 2003. With a profit before taxation of…

#banks#funding#management


KUKE negotiates increased guarantee limits

The Export Credit Insurance Corporation (KUKE), a joint stock company, wants to increase the guarantees limit on behalf of the…


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…


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

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