Although not directly affected by the squeeze facing eurozone peripheral sovereigns and banks, central and eastern Europe is affected by its economic ties with the EU and the prevalence of western European banks in its markets. Philip Alexander hears from a range of European issuers outside the eurozone, including sovereigns, agencies, banks and corporates, on how the crisis has affected them.
Central & eastern Europe
Latest articles from Poland
Emerging markets face currency conundrum
April 2, 2012A combination of policy intervention in emerging markets and high residual risks in developed markets means volatility in emerging market currencies looks set to continue.
SocGen's DCM team makes most of bank disintermediation trend
April 2, 2012Thus far, 2012 has witnessed a marked trend of corporates eschewing bank lending and turning instead to the debt capital markets. By acting quickly, the DCM team at SGCIB has put itself at the forefront of many of these deals.
Eastern Europe gives Asia a run for its money
February 16, 2011Erste Group CEO Andreas Treichl is comfortable that his Austrian bank represents a call option on prospects in central and eastern Europe.
Local markets await catalyst
January 31, 2011Efforts are under way to allow corporate issuers in Poland to benefit from deep local bond markets.
Fierce competition and weak foreign owners mean change for Poland's banks
January 31, 2011Polish banks navigated the financial crisis in relatively good health. But fierce competition and weak foreign owners both suggest further consolidation in a market that is still fragmented.
Poland seeks answers to the euro question
December 23, 2010Polish policy-makers appear to be pushing the prospects for euro adoption further into the future. But this still leaves the country's banks with a dilemma about how to respond to client demand for retail loans in foreign currencies. Writer Philip Alexander
Finance minister Jacek Rostowski determined to reduce deficit
March 31, 2010Poland has emerged as the most resilient economy in the EU during the global slowdown. However, The Banker's European Finance Minister of the Year is determined to stay ahead of the pack, and is now prioritising bringing down the country's budget deficit. Writer Philip Alexander
Right places, Right time
March 3, 2010When it decided to sell a slice of copper miner KGHM, Poland's government turned to Deutsche Bank, hoping that it would give the deal a more international approach as well as getting the timing of a potentially delicate deal just right. Writer Edward Russell-Walling