The current financial turmoil raises concerns about supportiveness of foreign banks from Western European countries for their Central and Eastern European subsidiaries. Foreign bank presence dominates banking business in almost all countries in the region, which would make their withdrawal very...

As a number of European banks was touched by the American subprime crisis, there is a new urgency to consider the pros and cons of the ongoing globalization of the banking sector. In this letter, we aim to describe foreign exposures of French banks and compare them to the situation in other...

Les PECO accumulent depuis plusieurs années des déficits courants de l'ordre de ceux qui, au Mexique ou en Asie, ont débouché sur des crises financières. Un retournement brutal est-il probable ? Ce risque ne peut être mesuré au seul vu des déficits, ni même des engagements extérieurs...