Banking systems have rapidly grown to a point where for many countries bank assets amount to multiples of GDP. As a …

countries, Hungary, Romania and Slovenia. The data are based on interviews taken in more than 300 state-owned, privatized and … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short … Romania, the results are somewhat mixed; state-owned enterprises do worse than employee-owned (privatized) and newly …

We provide comprehensive analysis of the isolation program for financially distressed firms in Romania. The results …

-level data from Romania, this study examines how the presence of global retail chains affects firms in the supplying industries …

We identify the presence of soft budgets and analyse their impact on enterprise restructuring in Romania over the …

lending to the banks’ owners, although they strongly maintained otherwise in autumn 2007. Neither the FSA nor the Central Bank …

the cross-section of banks; and, the negative German loading reflects funding risk (flight away from bank funding to … various proxies for bank short-term debt. Large banks and banks with low Tier 1 ratios and high risk-weighted assets had …” – greater exposure of domestic banks to its sovereign’s bonds – which is partly explained by the European Central Bank funding …