Latest articles from Central & Eastern Europe

Ranks of correspondent banks grow thinner

October 15, 2015
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Correspondent banking remains an important channel for financial flows within the eurozone, but the market is becoming increasingly concentrated in the hands of a few institutions

Exposures and connectivity increase as EU banks simplify balance sheets

September 8, 2015

Europe’s banks are increasing their interdependence and shedding complex assets, according to the European Banking Authority.

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Top 250 EU banks ranking 2015: euro depreciation leaves its mark

September 1, 2015

The latest ranking of EU banks shows balance sheets and capital have shrunk for most on the back of a weakening euro, while Spanish banks managed to increase their profitability and specialised banks emerged with the highest returns. 

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What now for development banks in central and eastern Europe?

September 1, 2015

International financial institutions remain crucial in central and eastern Europe as the fallout from the financial crisis continues to make its presence felt. But just how far should these development banks go in helping to resolve the various crises that have hit the countries of this region in recent years? 

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Will China's New Silk Road progress smoothly?

September 1, 2015

China's One Belt, One Road initiative – building a new Silk Road between western Europe and China's east coast as well as improving the Maritime Silk Road – will be a major game changer for international trade. Stefania Palma assesses its possible impact.

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Ukraine finance minister plots a journey back to growth

September 1, 2015

Ukraine has experienced a devastating sequence of events in recent years, but now, thanks to the new government's reform programme, its citizens can look to a brighter future, says the country's finance minister Natalie Jaresko.

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Consolidation and stabilisation: Serbian finance minister's hopes for reforms

September 1, 2015

Serbia's economic struggles have been well documented over the past few years, with its fiscal deficit particularly worrying. The country's finance minister, Dušan Vujović, tells Stefanie Linhardt how the government's reforms are already advancing down a route he hopes will lead to full EU accession.

Crisis in Greece: the credit impact on south-eastern Europe

July 13, 2015
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The turmoil in Greece is having an impact on financial markets throughout the eurozone, but this impact may be felt greater in its five neighbours where Greek banks have a particularly large presence: Albania, Bulgaria, Macedonia, Romania and Serbia.

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Natalie Jaresko: steering Ukraine back to economic health

July 1, 2015

Reform-minded Natalie Jaresko has had a tough baptism in her role as Ukraine's finance minister. However, she is determined to demonstrate the safety of the country's banking sector and show that Ukraine is still an attractive investment destination, as she tells Stefanie Linhardt.

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Giorgi Kadagidze: stabilising Georgia's currency climate

July 1, 2015

In an economy that is highly dollarised and in which the local currency has gone through a bout of devaluation, Georgia's central bank governor, Giorgi Kadagidze, has his work cut out. However, in taking a long-term approach, rather than looking for any quick fixes, he is confident that the country can achieve its currency goals.

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