New EU rules currently being worked on to make banks take less risks and hold more capital may have "unintended consequences" on the eastern European economies where companies are more reliant on bank loans than in the West.
"I'm only advocating for central and eastern Europe because it is the most dynamic region of the EU," Gernot Mittendorfer, chief risk officer at Erste Group Bank - an Austrian bank active in countries like Hungary, Romania, Serbia.
"We have to be careful what ...
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