Publisher's Synopsis
The European Community has undergone profound changes in recent years, and the resulting impact in the business community has been irreversible, making it essential for the modern manager to be aware of the new opportunities and threats that now exist. Describing how the nature of financial options has altered due to these changes, this study examines areas such as new sources of project finance, the changing criteria of large project financing institutions, the most popular financing techniques and cross-border projects. It also looks at Russian privatization, emerging markets and the distribution of resources across the EC. It will assist managers in companies of any size to understand the nature of project financing in the new Europe, and therefore anticipate the requirements of project finance institutions.