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Economic confidence boosts industrial output

Industrial output rose by 11.7 per cent in June when compared to the same month last year, above market expectations thanks to economic confidence. Analysts are increasingly upbeat that Turkey, saddled with a massive domestic debt load, can meet a...

#bank#exporters#exports

Hypermarts urged to link up with local SMEs

“Talks with six hypermarkets to source 30% of their products from local small- and medium-size enterprises (SMEs) has been lukewarm”,…


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


Government provides financial and consultation assistance for “smart” SMEs

Amid an apparent renaissance of small-business spirit, the government will provide financial and consultation services to young entrepreneurs between 20…

#bank#smes#software


Appreciation of Turkish lira against dollar affects exporters

The lira has firmed over 10 percent against the dollar since the start of the year. It traded at some…


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…


SMEs to get international financial support

The Dong A Commercial Joint Stock Bank has been receiving assigned capital from international agencies to carry out financial programmes…

#bank#international#smes


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…

BankBoston eyes SME segment this year

Chile's BankBoston, a wholly owned branch of US-based financial group FleetBoston, will turn its focus to the small- and medium-sized…

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