... Hungary, Poland and Romania, percent Czech Republic and Hungary Poland and Romania Source: Bloomberg, World Bank staff calculations Recent concerns about sovereign debt increased bank borrowing ... markets, USD billions Figure 15.Bonds and bank- related capital inflows to EU10, USD billions Source: DECPG, World Bank staff calculations Source: DECPG, World Bank staff calculations Credit ... particularly in Latvia, Lithuania and Romania (Figure 25). The rise in NPLs reflects price and wage deflation, and, in the case of Romania, weak growth prospects and exchange rate depreciation,...