LIBOR: time to change bets
The key LIBOR rate for credit markets is going to be modernized. City of London, New York Wall Street and regulators on both sides of the Atlantic are seeking a…

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A trifle is an expensive pleasure
The proverb “small spool, yes expensive” is beginning to take on more and more meaning. The production of small money is starting to cost the world so dearly that economically…

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How to make money on a rover
Where to start your career as a famous person, or how to earn your first working money or “build” yourself a decent side income? Make someone paint a fence instead…

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Eurozone has found a way out for Cyprus

The economic situation in Cyprus improved after the Eurogroup decided to provide Nicosia with financial assistance in the amount of ten billion euros. According to experts, the acute phase of the crisis in Cyprus has already been overcome.

As a result of lengthy negotiations, it was decided that deposits of more than 100 thousand euros covered by insurance in the EU will be fully retained, and for large – above 100 thousand euros – the tax will be 40%. Cyprus President Nikos Anastasiadis noted that he was satisfied with the agreement.

Now the Cypriot authorities are trying by all means to prevent the outflow of funds of investors. They will be allowed to withdraw no more than 300 euros per day to prevent the outflow of liquidity. At the same time, a number of prohibitive measures are being introduced, including the abolition of cashing checks and restrictions on the export of currency outside the country.

Citizens of Cyprus will also temporarily be unable to take out more than 1000 euros when traveling abroad. Customs officers will conduct checks at border crossings. Continue reading

Business in Sweden and Stockholm – Business Ideas

The Scandinavian countries are today considered one of the most promising in terms of business. This is where the most incredible startups can be brought to life. After the perestroika, many Russians also decided to open their own business there. 25 years of experience have shown that there are some nuances (however, as always) that either complicate or simplify the work in this country for different people. So, what can please or upset a small business startup in Sweden?

Business in Stockholm – common features In Sweden, small business and the startup movement as a whole is very large-scale. But in recent years, due to the ongoing financial crisis, its activities are gradually declining. This is evidenced by the famous Swedish businessman Gustav Henman.

Today, there is a serious decline in the ability to find good sponsors and large investors, and the pace of market development is gradually slowing down. Continue reading

10 options to invest in
1. Investing in yourself By investing in yourself and your knowledge, you increase your value in the market. However, there is one trick. By gaining only knowledge and not putting…

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Where in the world is it easier and cheaper to do business?
The world is changing rapidly. The political and economic situation of states is changing. Countries previously profitable for investment are now experiencing stagnation. And money loves silence and understandable game…

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Eurozone has found a way out for Cyprus
The economic situation in Cyprus improved after the Eurogroup decided to provide Nicosia with financial assistance in the amount of ten billion euros. According to experts, the acute phase of…

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Retail wins banking business
Retail wins banking business Last year was the most successful in the history of the retail business of VTB24 Bank. He again entered the top three most powerful banks in…

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