![]() ![]() But those are not the only reasons that make this cafe so popular, the daily changing menu and extremely friendly people are what makes you want to come, stay, eat cake all day and while you are sitting there, eating, enjoying and loving the very beautiful moment you will develop a strong desire to never leave this place ever again, I promise. What once started as an pop-up cafe now became a real vienna- based cafe, a cafe which brings back childhood memories, a cafe which makes you feel loved just by taking a step inside. They wanted to create a cafe with an atmosphere just like you are used to at your grannys house, they wanted to make people feel cosy and welcome and they wanted to give old people a chance to do what they love, share their passions and connect with people instead of being alone all the time. Because of that some viennese people came up with an incredible idea. The initiative brings together all the relevant public and private sector stakeholders of EU-based cross-border banks active in emerging Europe, which own much of the banking sectors in the region.Who makes the most delicious cakes in the world? That kind of sweets you could live by?Īm I right if I say that you thought of your grandmother when you read those sentences above? Well, then you are not alone.Īccording to a study I read a few days ago, people prefer food made by their grandparents over everything else. It was launched at the height of the first wave of the global financial crisis in January 2009. The Vienna Initiative is a framework for safeguarding the financial stability of emerging Europe co-founded by the EBRD, EIB, the European Commission, IMF and the World Bank. #VIENNA BAKERY DRIVERS#The working group identified the fiscal impact, the effect of sanctions on all actors involved, cybersecurity risks and the impact on supply chains in the longer term as key drivers of a potentially damaging effect on financial stability in Europe as a whole.ĭetails on the NPL profile of ten SEE countries follow: ![]() However, both the European Banking Authority and the European Central Bank agree that "second-round effects may be more material and are more worrying from a financial stability perspective," according to the report. With banks' exposures to Russia and Ukraine limited at just 0.3% of total assets and concentrated in only a few banks, the ongoing war in Ukraine is deemed not to be a fundamental threat to the stability of the EU banking system in terms of first-round risks. Slovenia was also the country with the biggest increase in coverage ratio, of 7.0 pp in the past 12 months and with the largest drop in NPL volumes, by 24.6% to 0.9 billion euro. Slovenia recorded the highest coverage ratio in the region, at 88.7%, closely followed by Croatia at 85%. North Macedonia, Montenegro, Romania and Serbia were the SEE countries where NPL volumes increased in the course of 2021. In the CESEE as a whole, NPL volumes fell 6.8% to 32.9 billion euro ( $34.6 billion) in the 12 months to end-2021, which marked their lowest level in six years. Montenegro was the only country in the region which saw an increase in the NPL ratio, by 1 pp to 6.8%. On average, NPL ratios in the region continued to decline last year despite the effects of the pandemic, shedding 0.5 pp to 2.8%, the lowest level since the inaugural half-yearly NPL Monitor report in 2016, according to findings in the latest issue published by a subgroup of the Vienna Initiative last week. SOFIA (Bulgaria), June 20 (SeeNews) - Albania recorded the highest annual decline in the ratio of non-performing loans (NPLs) out of 17 countries in Central, Eastern and South Eastern Europe (CESEE) last year, by 2.3 percentage points (pp) to 5.4%, the European Bank Coordination "Vienna" Initiative said. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |