Archive for April 5th, 2009

Crisis Fears Overblown In Eastern Europe

Sunday, April 5th, 2009

Banks are poised to lose a lot of money in the once-fast growing region, but don’t expect them to bail just yet.
LONDON–With the way Eastern European currencies and bank shares have dropped this week, it seems as if investors are expecting a full-blown financial crisis to hit the region and that Western European banks that [...]