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because of its open economy, but the Central Bank of the Republic of Kosovo (CBK) has immensely promoted the growth and …This article summarizes the financial performance and crisis management of the Republic of Kosovo. Kosovo’s economic … condition shows stability in systematic risks, but it also has vulnerabilities. Kosovo banks are exposed to macrofinancial risks …
Persistent link: https://www.econbiz.de/10011244562
The adverse impact of the crisis on Luxembourg’s growth outlook is partly mitigated by the authorities’ well-conceived fiscal policy response. The staff report for Luxembourg’s 2009 Article IV Consultation highlights economic developments and policies. It combines...
Persistent link: https://www.econbiz.de/10011244188
The economic slowdown as a result of the global crisis has been severe, and the recovery has not yet taken hold. Despite ample buffers, including large fiscal space and strong international reserves, the policy response to the crisis has been constrained. Inflation has resurfaced as a concern...
Persistent link: https://www.econbiz.de/10011244205
This Technical Note discusses results of stress testing of the banking sector in Poland. The Polish banking system is well capitalized and liquid, as confirmed by stress tests results. Polish banks are, in aggregate, resilient even under severe adverse scenarios. Some small banks could fail to...
Persistent link: https://www.econbiz.de/10011244247
recommendations of the 2004 FSAP. Many improvements have been made to bank and securities supervision. The banking sector as a whole …
Persistent link: https://www.econbiz.de/10011244277
significant shocks. The Central Bank of Kuwait's (CBK) well-designed framework for banks has proven effective in shielding the …
Persistent link: https://www.econbiz.de/10011244313
its heavy reliance on wholesale funding. Swedish bank groups have extensive cross-border activities, mostly in the …
Persistent link: https://www.econbiz.de/10011244366
This paper discusses key findings of the Sixth and Final Review Under the Stand-By Arrangement for Paraguay. The program remains broadly on track. All performance criteria for end-March 2008 were met, and those for end-June 2008 are expected to have been observed. With one exception, all...
Persistent link: https://www.econbiz.de/10011244416
GRE risk management framework. The central bank has taken steps in strengthening risk monitoring and the management system …
Persistent link: https://www.econbiz.de/10011244455
This 2009 Article IV Consultation highlights that despite initial resilience partly explained by high wage growth and accelerated government spending in Greece, growth slowed substantially in early 2009. The main driving forces were lower investment and exports, destocking, and a decline in...
Persistent link: https://www.econbiz.de/10011244463