EBRD blog European Bank for Reconstruction and Development

Tag: forecasts

A look at non-performing loans: the boomerang effect

Authors: Ralph De Haas and Stephan Knobloch , 16 July 2009.

When the  global financial crisis hit the transition region, worries among policy makers  centred on the local banking systems and the potential for financial contagion  from west to east. And when unemployment started to rise and output declined sharply  as of Q4 2008, the attention shifted towards the real-economic impact of the  crisis.… Read more

The EBRD's new growth forecasts: "bearish", or turning point?

Following the release of our latest growth forecasts for the EBRD countries of operations on Thursday, Reuters reported that emerging European currencies had retreated on “bearish EBRD forecasts.”

As the creators of these forecasts, we found this both flattering and dismaying.… Read more