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Economic shock therapy pays off in new prosperity

Estonia is the economic wunderkind of the accession states. It’s a decade since the Baltic country decided to put itself through economic shock therapy and open itself to world markets by abolishing all trade tariffs, but that decision has now...

#bank#IMF#Paid

Late payment legislation viewed as a deterrent by businesses

Research conducted by the Better Payment Practice Group (BPPG) during October indicates that the overwhelming perception of the Late Payment…

#Clear#interest#late payment


Bail granted to bank fraud executives

A judge granted bail to two brothers accused of defrauding a Portuguese bank branch out of $170 million that was…

#bank#Paid#risks


ISME responds to Budget

ISME, the Independent Business Organisation, is disappointed that the Budget contains very little with respect to the promotion of enterprise,…

#Paid#risk#small businesses


UK factoring software business bought by Canadian firm

It has just been announced that UK software and recruitment company Highams Systems Services has sold its Business Solutions (HBS)…

#Paid#trade#trade finance technology


RamExim pays half of the 10% share in insurer

Azerbaijan's RamExim has paid for half of its 10% stake in Ateshgyakh, an Azerbaijani-Russian insurance company, according to deputy general…

#insurance#Paid


Freeze on modular tax for SMEs

The Spanish treasury has confirmed that the modular business tax payment system for small- and medium-sized enterprises (SMEs) will be…

#Paid#smes


Deadline set on phone debt failures

The telephone ombudsman has given major phone companies until Christmas to stop harassing customers for phone bill debts or face…

#bank#Bill#MAN


Nafin and Bancomext to merge

The state credit organization (Nafin) and National Foreign Trade Bank (Bancomext) will merge this month in a move aimed to…

#bank#Paid#smes


660A confusion adds to self-assessment burden for small businesses

As the next self-assessment deadline is 30 September, the Inland Revenue must give small family businesses, which are subject to…

#ACCA#Clear#Paid


More than half of all loans go to SMEs...

According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400…

#bank#financial institutions#investment


Couple charged with fraudulently soliciting for investor funds to...

Bluffdale residents Gerald Trevor Jones and DeAnn T. Jones have been charged in the 3rd District Court with multiple securities-related…

#interest#Paid#WHO

New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…

#Paid#smes#WHO

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