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2009. Overall, the Polish banking system has weathered the crisis well so far. Capitalization in the system is at a healthy …
Persistent link: https://www.econbiz.de/10009641055
In 2005 the current account deficit attained 7½% of GDP, its worst position of the last 25 years, and in 2006 it might reach 8½%. Traditionally, Spain’s trade deficit has been partially offset by surpluses in other external balances, particularly service trade, as a result of large net...
Persistent link: https://www.econbiz.de/10009641117
This report focuses on how Dexia Bank Belgium has responded to the considerable challenges resulting from the financial and economic crisis, and how the transformation of its workforce has been managed under these circumstances. It specifically emphasises the role of the social partner...
Persistent link: https://www.econbiz.de/10011998840
This case study demonstrates how Danske Bank, one of the largest banks in northern Europe, has dealt with the impact of the financial crisis. It also shows how it has coped with longer term restructuring requirements arising from rapid expansion and internationalisation of the bank, the...
Persistent link: https://www.econbiz.de/10012023020
Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the transmission of monetary policy impulses and their impact on...
Persistent link: https://www.econbiz.de/10009635882
The document describes the evolution of intra-EU current account asymmetries. Some experimental results obtained using a modelling approach to derive asymmetry-free European aggregates are presented. The results are not usable at the national (Member State) level and they will not eliminate...
Persistent link: https://www.econbiz.de/10009636362
Persistent link: https://www.econbiz.de/10009636455
The worldwide banking system is at the heart of the greatest economic crisis for at least 70 years. The crisis has … the world economy, caused by globalisation processes and technological development, transformed the banking system … internationally. On top of these global developments, the European banking system faced challenges caused by the European integration …
Persistent link: https://www.econbiz.de/10012023024
The Czech financial sector has changed dramatically since transition. In fifteen years, it has developed from a state-owned mono-bank into a privatised bank-based financial system with developing capital and private equity markets. This country focus analyses the development of the financial...
Persistent link: https://www.econbiz.de/10009641248
Persistent link: https://www.econbiz.de/10010260414