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country status, i.e. Croatia (planned to accede to the EU on 1 July 2013), Iceland, the former Yugoslav Republic of Macedonia …, Montenegro and Turkey. It follows a macro-prudential approach, emphasising systemic risks of financial systems as a whole. After … identifies current challenges for the bank-based financial sectors as mainly stemming from: (i) high or rising domestic credit …
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Romania) and candidate countries (Croatia and Turkey). In an environment characterised by strong growth and capital inflows …
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The EU candidate and potential candidate countries have made considerable progress in economic transition and integration into the world economy within less than two decades. Nevertheless, gaps in terms of income per capita relative to the euro area remain large. This suggests that the...
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