Astrov, Vasily; Gligorov, Vladimir; Hanzl-Weiss, Doris; … - Wiener Institut für Internationale … - 2012
External determinants Two key factors currently affect the economic prospects of CESEE the crisis in the euro area and …’ regulations/directives enacted ‘in Brussels’. The economic crisis in the euro area is perceived as being primarily about possible … insolvencies of peripheral euro area countries. The range of possibilities opened up by sovereign insolvencies is vast. However, a …