, Bosnia and Herzegovina, Kosovo, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. The paper focuses …

This paper reviews financial stability challenges in the EU candidate countries: Croatia, the former Yugoslav Republic … of Macedonia and Turkey. It follows a macro-prudential approach, emphasising systemic risks and the stability of …. Moreover, funding and liquidity risks also materialised to some extent, although fully fledged bank runs were avoided, and none …

, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia and Turkey. The paper mainly focuses on the period since … shock-absorbing capacity in the Western Balkans, as exemplified by robust capital and liquidity buffers. Turkey experienced …