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Developments in Banking Sectors of Central and Eastern Europe and Three Baltic States after the Global Financial Crisis and European Debt Crisis
| Content Provider | Semantic Scholar |
|---|---|
| Author | Banincova, Eva |
| Copyright Year | 2012 |
| Abstract | This paper focuses on four Central and East European states and three Baltic states that joined the European Union (EU) in 2004. After explaining the common characteristics of their banking sectors, we outline the main developments since the global financial crisis of 2007 and analyze whether the fact that these countries' banking sectors are foreign-owned was a factor behind the financial crisis. In our analysis we consider it important to distinguish among these states according to the extent to which they have been affected by the financial crisis, instead of referring to the region as a whole. We address the issue of financial stability and explain the factors that supported financial stability in the integrated EU. |
| Starting Page | 39 |
| Ending Page | 59 |
| Page Count | 21 |
| File Format | PDF HTM / HTML |
| Volume Number | 58 |
| Alternate Webpage(s) | https://core.ac.uk/download/pdf/41091516.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
