Tag Archives: Croatia

Sort out the issue of Swiss franc loans, once and for all

By Piroska M. Nagy

This article was first published on the website of the European Bank for Reconstruction and Development (EBRD).

The Swiss National Bank’s January decision to remove the Swiss franc’s cap against the euro has sent shockwaves through the global economy. It triggered particularly strong reactions in parts of central and south-eastern Europe, where currencies in some countries came under severe pressure.

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Demand for loans in Eastern Europe improves

You have to squint to notice it, but it looks like things are finally on the mend in Central and Eastern Europe on the financial front.

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