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CEE Deleveraging Remains Moderate
Austrian, German and Italian banks kept lending to CEE6 (except Hungary) relatively stable. Shifts in foreign capital structure and allocation from private to public sector might pose risks to future growth.
CEE Deleveraging Remains Moderate / Picture: © Vindobona.org
Cross-border bank deleveraging in most CEE countries remained relatively benign and was cushioned by strong portfolio capital inflows and doubled EU funds, finds the 2nd edition of the Erste Group study “Living in a time of global deleveraging”, published today. This, along with the fact that the region has largely managed to substantially lower its…
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