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EIB’s loans exceed 1 billion euros in 2003

The European Investment Bank (EIB), the European Union’s long-term financing arm, provided a total of Ђ1.2 billion for projects in Greece in 2003 compared to Ђ1.07 billion a year earlier, according to the deputy president of the EIB. Lending covered...

EBRD delegation to sign new agreements

A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…

#bank#smes#Two


Corporate governance should be “driven by business, not regulators”,...

The CBI criticised EU proposals to impose statutory obligations for independent audit committees, saying that corporate governance should be "driven…


EIB plans key regional role for Greece

Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…


US$3 million loan for Moldova’s SMEs

Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…

#bank#international#smes


VAT rules to change on 1 May 2004

A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…

#cash-flow#exporters#regulation


Foreign direct investment below expectation

The Investment Development Authority of Lebanon (IDAL) has said that in 2002 Lebanon recorded a dramatic increase in Arab Foreign…

#conference#guarantee#investment


Smaller companies experience liquidity squeeze

Growing numbers of small- and medium-sized companies (SMEs) are experiencing a liquidity squeeze as a consequence of rising costs in…

#bank#cash-flow#digital


Guidance on calculating late payment interest needed

Almost three quarters of the 1,476 businesses surveyed on the Better Payment Practice Group’s (BPPG) website admitted that they are…

#interest#late payment#management


Most SMEs operate without bank finance

Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to…

#bank#bank loan#guarantees


Polish unit of Raiffeisen sees 2003 profits leap, SME...

Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…

#bank#management#Raiffeisen


Franchising – a winning formula

Franchising is a winning formula for budding entrepreneurs looking to gain a first foothold in setting up their own business.…

Re-positioning SMEs in the global market

Federation of Industries (FOI) president Anton Borg launched the forthcoming FOI conference to be held on 30 March when he…

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