Deleveraging fears for CEE overdone, says Erste’s Wimmer
Fears of fast deleveraging in the CEE are overdone, according to Manfred Wimmer, CFO of Austria’s Erste Bank. He sees little need for the second incarnation of the Vienna Initiative, dubbed 2.0, which aims to preserve capital in emerging Europe and avoid a chaotic deleveraging in the region, writes Francesca Young.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts