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The EU's Role in Supporting Crisis-Hit Countries in Central and Eastern Europe

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  • Zsolt Darvas

Abstract

The crisis has hit central and eastern European countries harder than other regions of the world. In this policy contribution Resident Scholar Zsolt Darvas looks at the role of the EU and its institutions in supporting crisis-hit CEE countries; the stabilising effects of the EUs coordinated multilateral financial assistance; and the commitment shown by Western European banks to the region. However Darvas argues that there were certain actions, or failures...

Suggested Citation

  • Zsolt Darvas, 2009. "The EU's Role in Supporting Crisis-Hit Countries in Central and Eastern Europe," Policy Contributions 368, Bruegel.
  • Handle: RePEc:bre:polcon:368
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    Cited by:

    1. Júlia Király, 2020. "Hungary and Other Emerging EU Countries in the Financial Storm," Financial and Monetary Policy Studies, Springer, number 978-3-030-49544-2, January.
    2. Jean Pisani-Ferry & Adam Posen, 2011. "From convoy to parting ways? Post-crisis divergence between European and US macroeconomic Policies," Working Papers 498, Bruegel.
    3. Pradeep Mitra & Marcelo Selowsky & Juan Zalduendo, 2010. "Turmoil at Twenty : Recession, Recovery, and Reform in Central and Eastern Europe and the Former Soviet Union," World Bank Publications - Books, The World Bank Group, number 2682.
    4. Zsolt Darvas, 2011. "Exchange Rate Policy and Economic Growth after the Financial Crisis in Central and Eastern Europe," Working Papers 1103, Department of Mathematical Economics and Economic Analysis, Corvinus University of Budapest.
    5. Thomas Spencer & Dora Fazekas & Simone Cooper & Tim Laing, 2012. "East-West Regional Dimensions in European Climate Policy," WIFO Studies, WIFO, number 44535, March.
    6. Daianu, Daniel, 2011. "Regaining Financial Stability: Taming Financial Markets Is a Must - A Focus on NMSs," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 142-170, June.
    7. Zsolt Darvas, 2009. "The Baltic Challenge and Euro-Area Entry," Policy Contributions 357, Bruegel.

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