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economy

ARM industry indicator reflects ongoing challenges with recoveries

The Kaulkin Ginsberg Index (KGI) continued to lag over the second quarter of 2008, when credit issuers and receivables management companies experienced increased challenges collecting charged-off consumer debt. (more…)

#economy#financial institutions#management

EUR351.84m for micro businesses

In 2008 there has been 412 contracts signed so far worth HUF1.9bn (EUR8.05m) in the framework of the New Hungary…

#economy#guarantee#interest rates


Number of insolvencies jumps in first half of 2008

The number of insolvent firms in Hungary grew by 13% in the first six months of 2008, compared to the…

#bankruptcy#economy#insolvencies


ABFA Annual Conference Tickets Now on Sale

ABFA announced today that tickets for this year's 2nd ABFA Annual Conference, to be held in Barcelona, are now on…

#conference#economy


Bad business loans reach record level

In the last few months the volume of bad business debts that are more than 60 days overdue has doubled.…

#bank#economy#Nordea


TEB distributes French-funded low-cost loans to SMEs

The Turkish Economy Bank (TEB) in late April began distributing 40m from the French Development Agency (AFD) in the form…

#bank#economy#investment


This decision must have been a tough call

Yesterday the Bank of England s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank…

#bank#Bank of England#economy


Financial support for SMEs begins

State Secretary of the Serbian Ministry of Economy and Regional Development announced that the first instalment of one-off funds to…

#economy#exports#smes


Debt recovery market to increase by 50% in 2008

The local debt collection market will increase by some 50 per cent in 2008. (more…)

#crisis#debt collection#economy


Business bankruptcies continue upward trend through Q1

The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)

#bankruptcy#economy#recession


Tenders announced for SMEs

The National Development Agency (NFU) announced new tenders worth Ft30.7 bn for micro enterprises and SMEs.   (more…)

#economy#innovation#investments


Slowdown spreading to services sector – CBI/Grant Thornton

The mood among firms selling services has darkened considerably compared with three months ago after disappointing volumes of sales across…

#Clear#economy#inflation

Economy slows dramatically in Q4

The US economy slowed to a near grinding halt in the fourth quarter of 2007. (more…)

#economy#exports#GDP

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