Tag «Societe Generale»

Vienna 2 Initiative Draws Attention to Weak Credit Growth and Special Challenges for South Eastern Europe

The Vienna 2 Initiative Full Forum met in Brussels on October 21-22, 2013. It assessed recent trends in deleveraging, credit provision, and non-performing loans (NPLs) in the banking sectors of Central, Eastern and South Eastern Europe (CESEE). It discussed the impact of the recently proposed Single Resolution Mechanism for a European banking union on CESEE. …