The effects of eurozone deleveraging on central and eastern Europe should not be exaggerated, but certain countries look particularly exposed, especially in the Balkans. And the principles of European integration are under pressure.
World
Latest articles from World
What Kenya can teach the world about banking to the masses
February 1, 2012The example set by Kenya's banks when it comes to not only reaching the unbanked, but also making a profit from them, is something that the rest of the world should look to emulate.
Politics can still trump prudence
February 1, 2012Regulators are making much of macroprudential tools to prevent future bubbles. But regulatory capture remains an obvious risk.
Latam banks lead the liquidity league
January 25, 2012Latin American banks dominate the rankings for deposits with the central bank, providing large liquidity cushions in their countries if needed.
Russian state bank dominance on the cusp of change
January 18, 2012The market share of state-owned banks has grown at the top end of Russia’s banking sector, but private sector consolidation suggests this might be about to change.
The democratic and economic rewards of solving Africa's infrastructure deficit
January 3, 2012Africa’s poor infrastructure has caused it to lag behind other emerging markets over the past few decades. And while better infrastructure is crucial for the continent’s economic development, it can also boost democracy and good governance.
Private sector is key to ending world hunger
January 3, 2012Starvation and the effects of a poor diet continue to blight a large percentage of the world's population, despite the fact that enough food is produced to eradicate hunger. It is now time for the private sector to play a bigger role in tackling this problem, which would bring with it economic and humanitarian rewards.
Latin American wealth management gets local touch
January 3, 2012Latin America's wealth management sector is experiencing impressive growth on the back of the region's commodities boom. And as the big, crisis-hit global banks exit the region, local players are jostling for position to take a piece of this lucrative market.
The rise of the East does not mean the fall of the West
January 3, 2012There is a feeling in some circles that as the East rises, the West must simultaneously decline. But why? Rising prosperity in Asia means more opportunities for businesses and banks in North America and Europe, and the only ones to suffer will be those who continue to think along 'East versus West' lines.
Eiffarie motors on with APRR bond issue
January 3, 2012When the Macquarie and Eiffage consortium, Eiffarie, won a controlling stake in APRR, the highly leveraged French motorway company, Eiffarie knew it needed to gain quick access to the market to refinance APRR's loans. Eiffarie's team established a €6bn euro medium term note programme, and then in mid-November 2011 decided to return to the market with a €500m four-year deal to help repay its outstanding acquisition loan. The result defied even the most optimistic expectations.