At the same time, it is also important that financial institutions also aim at metabolizing themselves through mergers, consolidation, or unbundling, in accordance with their own business models. For example, financial institutions that aim to be globally active could pursue the advantage of scale or scope through mergers and acquisitions.
Adequate efforts towards stabilization and structural change can reinforce each other and will foster the catching-up process. Structural reforms are the key to long-term success and sizeable resources have still to be devoted to the structural transformation of the production and financial sectors in Central and Eastern Europe.