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Archives for Financial crisis

This is the first time that East –Europe needs West –Europe helps as the members of the Union.. This is also the first time when the so – called European cooperation is tested. The stakes are high, even for West-Europe. The majority of the banks in East-Europe are in foreign hands, mostly in German, Austrian,… » read more

Posted by Péter Kóczián

Riding the Wave

China is not an exception to the world order as no other counrtry is. This is one of the hard –hitting lessons of the recent financial crisis. There is a big market for the Western –bashers who thinks that the Western world is declining and rising stars on the horizon like China would define the… » read more

Posted by Péter Kóczián