Some Aspects Regarding The Recovery Of The European Banking Systems After The Financial Crisis
From the beginning of the crisis in 2007 the financial markets in Europe have lost approximately one half of their value and those in the emerging countries declined by at least three quarters. Also in the banking sector of the Western Europe and US a large portion of the equity portfolio that they’ve own are drastically reduced forcing many large banks to go insolvent or to request government aid. Governments, both in the US and in the EU have attempted to aid the banking system by recapitalizing the banks in trouble but these efforts proved badly designed and implemented. Currently financial markets in the Western Europe have stabilized but the signs of recovery are still weak especially for Central an East Europe countries, the so called “Emerging Europe”. Their banking systems are heavily depended on their western counterparts and they are still struggling to find their balance.
Volume (Year): 5 (2010)
Issue (Month): 3 (September)
|Contact details of provider:|| Postal: |
Web page: http://www.rau.ro/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert A. Eisenbeis & George G. Kaufman, 2007. "Cross-border banking: challenges for deposit insurance and financial stability in the European Union," Working Paper 2006-15, Federal Reserve Bank of Atlanta.
When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:5:y:2010:i:3:p:246-257. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca)
If references are entirely missing, you can add them using this form.