The international financial and economic crisis highlights that central banks should go beyond their traditional emphasis on low inflation to adopt an explicit goal of financial stability. Our paper addresses this highly topical issue of macro-prudential framework with the focus on effectiveness...

In this paper examine the impact of the current financial crisis on the performance of banks across 19 countries from Central and Eastern European for the period 2004 – 2010. The period chosen is relevant in the context of the entrance of new ten EU members at the beginning of the year 2004...