The role of commercial banks in enterprise restructuring in Central and Eastern Europe

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Long, Millard; Rutkowska, Izabela;
  • Subject: Financial Crisis Management&Restructuring,Banks&Banking Reform,Payment Systems&Infrastructure,Municipal Financial Management,Financial Intermediation,Financial Intermediation,Environmental Economics&Policies,Banks&Banking Reform,Financial Crisis Management&Restructuring,Municipal Financial Management

Many countries in Eastern Europe assigned banks the responsibility for restructuring enterprises. Such restructuring had five components: 1) triage of enterprises into three classes -- viable, viable with debt relief, and nonviable; 2) work with management of overindebt... View more
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