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Central/Eastern Europe: Financing Conference Begins


London, 24 November 1997 (RFE/RL) -- The Adam Smith Institute -- a London-based free market think tank -- is hosting a conference starting today that will focus on the financing needs of companies in Eastern and Central Europe.

Financiers and bankers from the Czech Republic, Slovakia, Poland, Hungary, Romania, Croatia and Slovenia will address the two-day London conference. The conference will discuss how companies can raise money on international, national and local markets. It will also focus on the regulatory and tax regimes in these countries.

The conference will discuss how companies in the transitional countries can raise capital on international, national and local markets. It will also focus on the regulatory and tax regimes in these countries.

Conference organiser Diane Jackson said it aims to build on the success of similar capital markets conferences staged by the Adam Smith Institute in the former Soviet Union.

The institute will stage a second conference on the telecommunications needs of the Central and East European countries in Vienna next week.

The Adam Smith Institute, named after a famous Scottish philosopher who espoused the virtues of free markets, had a big say in the privatization program of former British prime minister Margaret Thatcher.
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