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  • If Arab states are to build industrialized trading economies on their oil wealth they will need internationally accessible capital markets trading a full range of financial instruments. Without these, Arab funds abroad - let alone foreign capital - are unlikely to flow in. Nigel Dudley reports.
  • Finland met the Maastricht criteria already last year and it is widely believed that Finland will join Emu in the first set of countries in 1999.
  • 1997 Bond Trading Poll: The rise of the continentals
  • Issuer: Gazprom
  • Sweden's participation in Emu is primarily dependent on domestic politics. Generally speaking, public opinion is negative on Emu and the governing Social Democratic Party (SDP) is deeply split. For this reason we do not expect Sweden to participate in Emu from the outset in 1999.
  • A special report prepared by Deutsche Morgan Grenfell
  • It is highly appropriate that the next time the leaders of the 15 member states of the EU meet to discuss the immediate outlook for Emu the venue for their summit will be Amsterdam, the financial if not the administrative capital of the Netherlands.
  • There is currently little or no doubt that Belgium will qualify for the first group of countries entering the third stage of Emu. Early membership has been one of the main priorities in Belgian politics over the past few years and huge efforts have been made to reduce the disequilibrium in the government's balances.
  • After a slow start and with little prospect of success, Greece entered the Maastricht convergence race in 1995.
  • Peru's transition to democracy is not proving easy but, as the political and economic situation improves, knowledgeable investors can look forward to fruitful returns. Jennifer Tierney reports.
  • A special report prepared by Paribas