CEE in crisis - Crippled and Embattled Economies

CEE in crisis - Crippled and Embattled Economies

Published: January 6, 2009

The global financial crisis has shifted eastward, and the economies of central and eastern Europe are being ravaged by it. The question now is whether western banks with big CEE businesses will maintain them, or cut their losses. If they choose the latter, we may see a resurgence of xenophobic nationalism in eastern Europe. Julian Evans reports.  

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