Trying to shift blame for the loss of lucrative customers onto corruption and mismanagement by the previous administration might have seemed like a good idea at the time to the current heads of EPS, until the story snowballed.
Croatian PM defends Damir Krsticevic after allegations he was involved in war crimes in Bosnia’s Jajce municipality.
Albania’s Socialist-led government received just rewards for its reform efforts when the European Commission recommended the launch of EU accession negotiations, saying the candidate country has made steady progress on the priorities set.
“Western politicians haven’t forgiven Russia for Crimea, but the markets have.” The Russian bond market is booming in a welcome relief for the Kremlin. The rest of CEE not so much, as the ECB QE programme depresses yields to historic lows.
With tighter regulatory rules looming, life is not going to get any easier for the region’s banks.
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