CEE BANKS CONTINUE TO DEFY WORST OF PANDEMIC

摘要

Thanks to effective policy interventions by regional governments, central and eastern Europe's (CEE's) economies endured the worst of the Covid-19 pandemic relatively well. Apex banks and finance ministries alike stepped up to offer a suite of measures to support households and businesses across the region, minimising the pain of the dip while assisting with a swift recovery. The extent of this support reflects the policy space available to decision-makers after years of generally prudent fiscal and monetary oversight of national economies.