scholarly journals Cross-Border Banking in Central and Eastern Europe

2012 ◽  
Vol 253 (1-2) ◽  
pp. 41-64
Author(s):  
Michał Kruszka
2016 ◽  
Vol 64 (1) ◽  
pp. 127-133 ◽  
Author(s):  
R. Korab ◽  
R. Owczarek

Abstract Unscheduled power flows are a serious problem for the Central and Eastern Europe (CEE) region. One method of reducing these undesirable flows relies on the use of phase shifting transformers (PSTs). This paper presents how the installation of PSTs on the Polish-German and Czech-German borders affects cross-border power flows in the CEE region, as well as interactions between these devices. The essential parameters proposed for PSTs are based on the effects arising from the application of PSTs on the border between Poland and Germany. The results demonstrate that the use of PSTs in the CEE region can provide effective control of active power flows in tie-lines and significantly reduce unscheduled flows. However, the operation of these devices must be coordinated in order to achieve maximum controllability and to guarantee the secure operation of the interconnected systems.


2020 ◽  
Vol 26 (3) ◽  
pp. 307-323
Author(s):  
Jan Czarzasty ◽  
Sławomir Adamczyk ◽  
Barbara Surdykowska

This article deals with the dilemmas faced by trade unions from Central and Eastern Europe (CEE) in the context of their relations with western European (EU-15) unions and the European Trade Union Confederation (ETUC). The issue of cross-border solidarity is re-examined, taking into account its historical meanings as well as current developments under the pressures of globalisation and EU integration. The article analyses key factors affecting East–West trade union relations – different views within the ETUC, discontinuities in European social dialogue, challenges faced by European works councils and the uncertain future of transnational company agreements. Major dilemmas CEE unions cope with vis-à-vis their western counterparts are outlined. The question of how to achieve a common interest platform for trade unions from Central and Eastern Europe and from western Europe is raised, followed by a suggestion that ‘downward convergence’ in industrial relations is bringing the two regions closer.


2021 ◽  
Vol 129 ◽  
pp. 03036
Author(s):  
Roksolana Zapotichna ◽  
Fakhri Murshudli ◽  
Erkin Dilbazi

Research background: Given the fact that multinational banks’ credit activity leads to the accumulation of external debt in the borrowing countries, which potentially contributes to the formation of a debt-type economy, more in-depth research of the scope and consequences of such impact on the example of specific recipients is required. Purpose of the article: The purpose of the article is to develop theoretical and methodological bases of the study of multinational banks’ lending activity in terms of debt-type economy on the example of the countries of Central and Eastern Europe. Methods: A system of general scientific and special research methods, namely, statistical (correlation analysis, in particular), structural-functional and comparative analysis, has been applied to achieve the above-mentioned purpose. Findings & Value added: The results of the study indicate that multinational banks’ direct cross-border lending remains an important source of external debt accumulation and the formation of a debt-type economy in the countries of Central and Eastern Europe. Based on the assessment of the external debt indicators of the countries under the study, it has been determined that they all can be classified as debt-type economies. At the same time, the countries of the group still remain significantly differentiated in terms of relative indicators of direct cross-border lending and external debt. It has been concluded that multinational banks’ aggressive lending strategy during the growth phase in the countries of Central and Eastern Europe has exacerbated the problem of external indebtedness during the recession phase.


2015 ◽  
Vol 10 (1) ◽  
Author(s):  
Alen Sacek

Cross-border acquisitions play an important role in the corporate strategic development and international expansion. The paper summarizes the results of the dissertation, which intends to establish vital link between research and practice, deeply exploring the risk assessment methods and the scope of due diligence audit in the pre-acquisition phase. The central hypothesis of the comprehensive model stated that thorough due diligence in the pre-acquisition phase is necessary to make successful cross-border acquisition. The empirical evidence has been drawn on data sample of acquisitions made by automotive firms in cross-border acquisitions in the Central and Eastern Europe. The main results support the proposition that the thorough due diligence audit is necessary pre-requisite for successful acquisition. The findings further support the clear trend: In the past few years, several big automotive leaders strategically gain more control over their supply chains by acquiring technology specialists. From a practical standpoint, the research results provide acquisition management with a simple method of performing the pre-acquisition evaluation of potential acquisition candidates.


2014 ◽  
Vol 4 (2) ◽  
pp. 101-129
Author(s):  
Marie-France Gaunard-Anderson

The Western Bug is one of the major border rivers in Central and Eastern Europe. It is the border between Poland and Ukraine and between Poland and Belarus, but at the same time it is one of the European Union's external borders. Despite this particular position and a certain number of political, legal, economic and human barriers, cross-border cooperation is improving in order to preserve water resources and promote better management. This article illustrates the main steps that lead to this cooperation and seeks to analyze whether it will be possible to set up common management of the Bug river basin. Spanish El Bug occidental es uno de los ríos más importante en Europa central y oriental ya que sirve como límite entre Polonia y Ucrania, Polonia y Bielorusia, y como frontera externa a la Unión Europea. A pesar de esta situación particular y de los numerosos obstáculos que superar (políticos, jurídicos, económicos y humanos), la cooperación transfronteriza avanza para preservar el recurso agua y gestionar mejor la cuenca hidrográfica del Bug. El artículo presenta las principales etapas de esta cooperación, las medidas implementadas y, analizando los principales obstáculos al establecimiento de una política común, se interroga sobre la posibilidad de una gestión conjunta en la cuenca del Bug. French Le Bug occidental est une des principales rivières frontières en Europe centrale et orientale. Elle sert non seulement de limite entre la Pologne et l'Ukraine, la Pologne et la Biélorussie, mais aussi de frontière externe à l'Union européenne. Malgré cette position particulière et les nombreux obstacles à surmonter (politique, juridique, économique et humain), la coopération transfrontalière progresse en vue de préserver la ressource en eau et de mieux gérer le bassin hydrographique du Bug. L'article présente les principales étapes de cette coopération, les moyens mis en œuvre et s'interroge sur la possibilité de gérer en commun le bassin du Bug en analysant les principaux obstacles à la mise en place d'une politique commune.


Author(s):  
Wolfgang A. Lenhardt ◽  
Damiano Pesaresi ◽  
Mladen Živčić ◽  
Giovanni Costa ◽  
Tomislav Fiket ◽  
...  

Abstract The complex tectonic setup of eastern Europe—resulting in strong spatial variations of the local seismic hazard—caused relevant institutions of neighboring countries to form a research cooperation to ease seismological research cooperations across borders. Here, we briefly introduce the original and new Central and Eastern Europe Earthquake Research Network (CE3RN) parties, with a synthesis of the common results achieved so far and an indication of possible future developments. Since the formal establishment of CE3RN, several common projects have been initiated, such as the SeismoSAT Project for the seismic data center connection over satellite and the Historical and Recent Earthquakes in Italy and Austria Project, both funded by the European Union INTERREG Italy–Austria Program. The most recent 22 March 2020 earthquake near Zagreb, resulting in considerable damage in the capital of Croatia, demonstrated the importance of fast data exchange, thus facilitating reliable analysis of the earthquake. In addition, a recent breakdown of data lines in Austria demonstrated the usefulness of alternative data transmission via satellite.


2007 ◽  
Vol 13 (2) ◽  
pp. 253-266 ◽  
Author(s):  
Guglielmo Meardi

This article presents historical and aggregate data on restructuring in central and eastern Europe, and some examples from multinationals in Poland and Hungary. It shows how the violent structural readjustment process of the 1990s has left important social, political and psychological legacies which affect current approaches to restructuring. The new EU Member States, faced with relocations both to the west (in capital-intensive industries) and further east (in low-skill labour-intensive industries), therefore need employee participation mechanisms, cross-border information and western solidarity to ensure the social acceptability of change.


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