Wolf Theiss

Public Debt Management in Central, Eastern & Southeastern Europe

Sovereign bond issues, derivatives and finance transactions with public bodies. In the aftermath of the Financial Crisis of 2009, the issuance of public debt has become an increasingly popular way of financing vital governmental activities. Whereas the instruments remain similar in the CEE/SEE region, procedures and regulations forming the framework of such actions can differ considerably from one country to another.

With this "Wolf Theiss Guide on Public Debt Management in Central, Eastern & Southeastern Europe" our experts intend to provide a consolidated overview of the procedures and regulations in the following countries: Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia, Slovenia and Ukraine.

We hope that this Guide helps our clients and interested participants by providing succinct and useful information in an area of law which – at least so far – is still rather remote from harmonization and signification.

 While every effort has been made to ensure that the information contained in the Guide is accurate, the Guide should be used as a general reference tool only as the legal landscape evolves constantly especially in view of EU legislation and frequent amendments of local laws. In these rapidly changing legal markets, the laws and regulations are frequently revised, either by amended legislation or by administrative interpretation.


Claus Schneider

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