Finance in Central and Southeastern Europe
This book describes specific problems and proposes solutions for different areas of finance in Central and Southeastern European countries. Covering a broad spectrum of topics, from monetary economics and electronic money to capital markets, banking and i
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Srećko Goić Anastasios Karasavvoglou Persefoni Polychronidou Editors
Finance in Central and Southeastern Europe
Contributions to Economics
More information about this series at http://www.springer.com/series/1262
Srec´ko Goic´ • Anastasios Karasavvoglou • Persefoni Polychronidou Editors
Finance in Central and Southeastern Europe
Editors Srec´ko Goic´ Faculty of Economics University of Split Split, Croatia
Anastasios Karasavvoglou Eastern Macedonia and Thrace Institute of Technology Kavala, Greece
Persefoni Polychronidou Department of Accounting and Finance Central Macedonia Institute of Technology Serres, Greece
ISSN 1431-1933 ISSN 2197-7178 (electronic) Contributions to Economics ISBN 978-3-319-64661-9 ISBN 978-3-319-64662-6 (eBook) DOI 10.1007/978-3-319-64662-6 Library of Congress Control Number: 2017954927 © Springer International Publishing AG 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
Central and Southeastern Europe has been, in the past quarter of century, the scene of the many interesting processes and deep changes in different areas, including the fields of economics and finance. Most of the countries from this region have almost completed their transition from communist model of society and economy to the model of democratic society and market economy integrated in larger systems like the European Union and NATO. The paths they followed and results they achieved have been very different, but that makes things even more interesting and challenging. General and local crises and turbulences have been striking particular countries and the whole region during all that period. All that certainly gives oppor
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