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  • Preview from Europe: Fresh Fears of Bank Nationalization [View article]
    Eastern Europe has the world’s worst performing stock markets so far this year. After a year when investors thought things couldn’t get worse, they did, with shares in Poland, the Czech Republic, and Hungary down 15%. Soaring current account deficits have knocked their currencies down another 12%. Companies from the old East Bloc are more leveraged than most, and those that borrowed in dollars or Swiss Francs are in especially bad shape.
    Feb 18 12:04 pm |Rating: +1 0 |Link to Comment
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