Despite the fact that banks in Central Europe are burdened by extraordinarily high bad loan ratios, the recent financial crisis in South East Asia and Russia, has not led to a massive failure of banks in the region. In this paper, we study economic trends and policies that may have helped to...

In response to the financial crisis of 2008, the global banking industry has been undergoing fundamental regulatory changes, imposed by the Basel III Agreement, the 2010 US Dodd-Frank Act and the introduction of a new European supervisory structure. This paper analyses the possible long-term...

The article presents the financial crisis currently obtaining in region of eastern and central Europe which has been triggered by the recent financial collapses in the USA. It then examines the implications of financial systems and economic failures in the region and how these are likely to...