ECONOMIC AND FINANCIAL RISK TAKING IN CENTRAL AND EASTERN EUROPEAN COUNTRIES

Abstract

The need to ensure competitiveness and access to finance and new opportunities as a support for growth, entails countries to take economic and financial risks. One solution for economic growth is innovation and investment, which is equivalent with risk taking behavior. In this paper we intend to present the current economic and financial challenges for Central and Eastern European Countries, members of the European Union. As countries had to face specific challenges, the whole picture is mixed, but common threats still remain.

Keywords

• CEE
• economic and financial challenges