CEE now better placed to weather a Greek exit from the euro-zone

Renewed fears of a Greek exit from the euro-zone have raised concerns about contagion to Central and Eastern Europe (CEE). This is understandable. After all, when the threat of euro-zone break-up first came to the fore in 2011-12, it caused turmoil in CEE’s financial markets and pushed large parts of the region into recession. In this Watch, we explain why CEE is now less vulnerable to a Greek exit.


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