If today a country is incorporated in the EU this means that there are a lot of advantages, you can stayin your country and keep your job, you can speak your language and Europe comes to you, you do nothave to leave your home to improve your living conditions. But Europe has embraced...

This paper was written to provide students of banking and finance with an overview of thedevelopment of Austrian financial institutions in Central, Eastern and South-Eastern Europe and tooffer them an insight into the most important literature in this field. Furthermore an attempt was madeto...