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Bulgaria and Romania defy Eurozone woes
Firm foundation? The solidity of Bucharest's biggest landmark, the Palace of the Parliament, belies the shaky state of the Romanian economyGreek banks control at least a fifth of the banking markets in Bulgaria and Romania but, despite this exposure to one of Europe's more troubled economies, bankers in the two countries believe there will still be a sufficient supply of credit to meet demand. Writer Philip Alexander
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.




