approximately one percentage point.
5
two factors caused half of the drop...After 2009, recession and higher risk aversion of both creditors and debtors...
This primarily resulted from a drop of EUR 0.5bn in the primary income account surplus...effect, while the increase in the profits of foreign-owned banks and enterprises...
decelerate to 0.8% in 2019 due to a cut in the VAT rate on certain products and a drop...amount to 3.3% of GDP in 2019, remaining unchanged from the previous year, and...
the crisis in the market for sovereign debt of pe-
ripheral eurozone countries led...Demand deposits also decreased substan-
tially, largely as a result of the...
normalisation of the US monetary policy (Figure 2) and growing
political uncertainty led...consequential exit of some
banks from the market in Croatia at the turn of the...
The share of NPLs dropped in both the portfolio of loans to non-financial corporations...1.0%, decreasing from 1.2% at the end of 2021, while the return on equity (ROE)...
The outbreak of the COVID-19 pandemic in March 2020 led to an unexpected and sudden...for Fight against Counterfeiting of Euro” for the Republic of North Macedonia was...
mismanaged process of privatization
and low investment, this resulted in a severe drop...export growth
did pick up during the period analyzed in this paper, the ini-
tial...
the central bank.
6 This sharp decline in net liabilities reflects the sharp drop...This is
broadly matched by the decline in credit to the government.
7 The large...
