Reuters Analysis - Balkan banks stand up to Greece so far
Monday, July 4, 2011
The Balkan banking system should be able to stand up to the gradual withdrawal of credit lines from Greek banks to their subsidiaries but a Greek default might send neighbouring governments searching for extra help.Greek banks account for 28 percent of assets in Bulgaria's banking system and about a sixth in both Romania and Serbia, the largest presence of countries in Eastern Europe.Concerns over the impact on the banking sector of the Greek turmoil sent the Romanian leu to its ...

