1 “... impact of the global financial crisis, banking flows in emerging Europe stand out as a more stable region...”

2 “... the global financial crisis. The current environment of low global interest rates and weak growth may appear...”

3 “... financial crisis, was by far the deepest and most synchronized of the four recessions. As the epicenter...”

4 “... to an economic shock. Since NPLs were low before the global financial crisis, it can be argued that banks knew...”

5 “... the global financial crisis in 2008/09. What is more worrisome for them is the fact that they are facing...”

6 “... are as follows. First, fiscal space had improved in many countries before the global financial crisis...”

7 “... of debt, whether public or private, increased the likelihood of a financial crisis, as did a larger share...”

8 “... States (CIS) countries prior to the global financial crisis. The aim is to draw lessons on what policies...”