Erik Berglof

Erik Berglof News

• Eastern Europe Economic-Growth Forecast Cut by Development Bank

  Eastern Europe’s economic-growth prospects have worsened as the region’s largest economies, Russia and Poland, are slowing “significantly,” the European Bank for Reconstruction and Development said.

• Euro Crisis in ‘Uncharted Territory’ Menaces Eastern States

  The European debt crisis has entered “uncharted territory,” rekindling concern it will spread eastward through banking and trade links, according to the European Bank for Reconstruction and Development.

• Eastern Europe Threatened by West's Debt, Euro Crisis, EBRD's Berglof Says

  The Greek debt crisis, which is threatening to bring down the decade-old euro, may spoil east Europe’s nascent recovery, the European Bank for Reconstruction and Development said.

• Eastern Europe’s Main Risk Is Western Deleveraging, Berglof Says

  Eastern Europe faces the threat of decreased flows of funds from western European parent lenders as tighter capital rules during the debt crisis prompt a cut in funding to units in the region, said Erik Berglof, the European Bank of Reconstruction and Development’s chief economist.

• Europe Bank Plan Is Right Focus to Tackle Crisis, Berglof Says

  European Union plans to boost bank capital are the “right” approach to contain the euro region’s debt crisis, said Erik Berglof, chief economist at the European Bank for Reconstruction and Development.

• Eastern Europe May Need Funding Deal to Avert Credit Drought

  Eastern Europe may require funds from the International Monetary Fund and other international lenders to pre-empt a banking crisis and a shortage of credit in the region’s economies as western banks pare assets.

• Egypt Premier Says Growth to Average 7% a Year This Decade

  Egypt expects economic growth to average 7 percent a year in the coming decade, Prime Minister Hisham Qandil said today at a conference in Cairo.

• Eastern Europe May Need Funding Deal to Cushion Effect of Bank Asset Cuts

  Eastern Europe may require funds from the International Monetary Fund and other international lenders to pre-empt a banking crisis and a shortage of credit in the region’s economies as western banks pare assets.

• EU Bank Union Should Embrace East, Development Bank Says

  European Union proposals for a banking union risk disadvantaging lenders in emerging Europe, the world’s most-dependent region on foreign funding, according to the European Bank for Reconstruction and Development.

• Berglof Says Southeast Europe Most at Risk (Video, Correct)

  Erik Berglof, chief economist at the European Bank for Reconstruction and Development, discusses the euro-zone sovereign debt crisis.

Quote

• "If you look at all the talk, all the effort, over the last 10 years, very little has happened and you can argue that it has got worse. Even Brezhnev talked about the need to diversify."

  - Erik Berglof on Dec 13, 2012

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