To the Balkans and Beyond
Over the past decade, Greece's leading banks have expanded into south-east Europe. To remain competitive, however, they will now need to weather the financial storm and continue to focus on increasing their presence in the Balkans and the rest of eastern Europe. Writer Kerin Hope
Positive prospects in play
Manfred Wimmer, Banca Comerciala Romania (BCR)
BCR’s interim CEO is confident that the bank’s transformation will allow it to capitalise on the opportunities presented by one of Europe’s fastest-growing economies, he tells Philip Alexander.
Policy clash leaves economy vulnerable
In theory, joining the EU should force a country to adopt greater policy discipline. In practice, Romania’s muddy political waters and an appetite for spending are about to magnify its vulnerabilities, putting fiscal and monetary policy at odds, writes Adina Postelnicu.
