1913 Intel

Your world at risk. How the impossible becomes the inevitable.

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Loan Crisis Looming in Eastern Europe?

Posted by Matt in June 9th, 2009 | no comment 
Published in Europe, , , , , , , , , , , , , , , , , , , , , , ,

Some €180 billion in loans are ‘at risk’ in Central and Eastern Europe. If they went bad, could Western banks afford it? Should the West intervene now?
Nobody knows just how fast these “at-risk” loans are turning into NPLs, just that they are. The European Bank for Reconstruction and Development (EBRD), which warned of a potential [...]

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