Central Europe's banks can withstand car sector turmoil, S&P says

By Yahoo! Finance   |   22 hours ago
Central Europe's banks can withstand car sector turmoil, S&P says

S&P Global warns that turmoil in Europe's car sector could impact Central European economy and banks' asset quality. Although banks are strong enough to handle stress, challenges like plant closures, layoffs, and competition from China may affect the region's economic growth.

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