Hungary: corporate lending up 10.4 per cent in 2017
Latvia: Rigas Energija without the license for renewable cogeneration plant
Trillion euros in corporate and household NPLs in Europe is too much for the banking sector to regain profitability and effectively power the economy.
Thanks to economic growth, the banking sector in Central and Southeastern Europe is seeing profits. This is helped by the fact that in some countries banks have already dealt with restructuring bad loans.
Not enough workers in Hungarian retail sector.
Thursday’s switch tender in Poland.
Romania – with the wealthiest banks in SEE region.
Mittal to invest in new steel mill in Czech Republic.
Bulgaria to receive EUR6.4m aid.
Russian banks, subject to sanctions in the West, have found a safe haven in Ukraine, a country at war with Russia.