Euromoney’s recent coverage of trends in the region, including the shifting sands in the Russian banking system, CEE banks’ fight with incompetent policymakers, Turkish banks braving the market storm, and an interview with the Czech central bank chief on FX intervention. We also have an exclusive interview with the lawyer of the former BTA chairman Mukhtar Ablyazov and the Hungarian government’s fight with the banking sector.
For all their strengths, the ferocity of this summers market sell-off has amplified some vulnerabilities that could be the first true test in a decade of the resilience of banks and the economy as a whole.
Famed for his tough approach to regulation, Czech central bank head Miroslav Singer now has his sights set on currency market intervention to reflate the countrys flagging economy. He talks to Euromoney about the limitations of fiscal policy, the prospects for Czech adoption of the euro, and the dangers of regulatory integration.