They did not have to ask for state aid and were able to keep financial results well up to standard. Measured according to Tier 1 capital, these Groups are the world’s largest financial institutions. All rating agencies continue to give them high ratings. 21. Their cooperative identity stems back to the early twentieth century.
Wouldn’t it be better to introduce the euro in Eastern Europe than to let those countries go bankrupt? This is not about short-term thinking or to avoid temporarily major difficulties. It is about a commitment for life. Can Eastern Europe survive the crisis on its own? Yes, of course, even if the situation is difficult.