Bank loans in the euro zone contracted Still

Frankfurt – The level of distribution of bank loans in the European zone to the private sector in November and are still having a contraction. These conditions indicate the flow of credit still tight as Europe’s economy was expanding at the time of recovery. According to the European Central Bank (European Central Bank / ECB), [...]

3 SOEs pay taxes because of cash problems'

Ministry of State Owned Enterprises will make reconciliation and related calculations of tax arrears was announced by the Directorate General of Taxation. Secretary of the Ministry of SOEs M Said Didu tells us so far there are some who are delinquent state taxes, but some who have completed such obligations. “What really tax arrears are [...]