Polish Resistance

摘要

As the financial crisis has spread from the developed West to emerging-markets economies, tew places have been hit as hard as Central and Eastern Europe. Countries in the area had financed a consumer and investment boom with cheap credit from abroad in recent years, and the evaporation of global liquidity is squeezing them hard. Hungary and Ukraine have turned to the International Monetary Fund for multibillion-dollar bailouts, and Romania is expected to do the same soon, while the Baltic states are suffering one of the most severe recessions of any region.