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

Impact on Central European Economy: Turmoil in Europe's automotive sector, characterized by plant closures and layoffs due to weak demand and competition, could negatively affect the central European economy and banks' asset quality, although S&P Global believes that banks are resilient enough to handle potential stress.

Opportunities Amid Challenges: Despite challenges such as U.S. tariffs and stricter EU regulations, there are opportunities for countries like Hungary and Serbia, as Chinese banks show significant interest in investing and partnering with local companies in the region.