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  • Euro By Markus Heidinger of Wolf Theiss & Partners, Vienna
  • Banking By Velupillai Murugesu and Kandiah Neelakandan of Murugesu & Neelakandan, Colombo
  • Market Overview By Tom Schubert and Christian Stahlberg of Roschier Holmberg & Waselius, Helsinki
  • The upturn in growth that started in 1997 accelerated in 1998. Annual average GDP growth stood at 3.2%, after 2.3% in 1997 and 1.6% in 1996.
  • Introduction by the European Central Bank
  • The Dutch Central Bank and Securities Board have given the clearest guidance to date on the qualification criteria for restricted circle offerings. By Pieter Riemer of Trenité Van Doorne, London
  • Conflict of law rules codified
  • Bankers financing assets in Belgium need to be wary of restrictions on their rights under the new Law on Judicial Composition. Thierry Bosly of De Bandt, van Hecke & Lagae Linklaters & Alliance identifies the dangers, and the solutions offered by practitioners
  • The US Accountancy Board, the FASB, has brought an end to the pooling of interests for the accounting treatment of mergers and acquisitions in the US. David Bernstein of Rogers & Wells, New York reviews the effect of the decision and questions the wisdom of amortizing goodwill on M&A deals
  • Effect of subordination agreements in bankruptcy proceedings