Latest articles from World

Foreign banks join Russia’s capital markets party

April 5, 2004

As the economic good times roll in Russia, foreign banks are either bolstering their current operations or looking for a way in, says Geraldine Lambe.

Volkswagen predicts ‘lousy’ first quarter

April 5, 2004

In the wake of a tough market and a poor reception for its new-look Golf, German carmaker Volkswagen has revealed a downbeat outlook for 2004 and announced plans to cut expenditure by 10%. Yet, it seems, analysts are still sceptical. Geraldine Lambe reports.

Stuttgart gains ground

April 5, 2004

In Germany, the profitable niche of a regional rival is giving Frankfurt’s Deutsche Börse a run for its money. Jan Wagner reports from Stuttgart.

The show goes on

April 5, 2004

The Madrid bomb blast may have changed the election outcome but Spain’s strong economic performance is unlikely to be affected. Jules Stewart reports.

Back on track

April 5, 2004

Spanish banks have had an uphill struggle in Latin America but now the continent is delivering returns at the same time as the domestic market remains buoyant. Jules Stewart reports.
Last month’s terrorist attacks in Madrid may have raised a question mark over Spain’s political agenda, but for the banks it is business as usual, only more so. The outlook for 2004 is for continued growth inoperating profits.

Economic orthodoxy

April 5, 2004

Spain’s public debt market has been strengthened by sound fiscal management, above-average economic growth and improved liquidity.

Everything to play for

April 5, 2004

Greece’s newly elected conservative government has pledged to boost growth and reduce unemployment. However, Prime Minister Costas Karamanlis has more pressing issues to contend with first – namely, to ensure the success of this year’s Olympic games. Kerin Hope reports from Athens.

Growing ambitions

April 5, 2004

Greek banks have expanded their presence in south east Europe in the expectation of boosting their market share, writes Kerin Hope.

Alpha Bank goes for gold

April 5, 2004

The chairman of Alpha Bank says its outlay of E78m to become the official banking sponsor for the Athens Olympics was money very well spent.

Greek banks’ expansion plans

April 5, 2004

A raft of favourable economic conditions has facilitated a long-overdue reversal of fortunes for Greece’s key financial institutions. Stephen Timewell reports from Athens.

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