Eurozone debt crises versus new opportunities for global internet banking collaboration and strategic alliances in the EU and Balkan countries

dc.contributor.authorApak, Sudi
dc.contributor.authorAtay, Erhan
dc.date.accessioned2024-03-13T10:30:29Z
dc.date.available2024-03-13T10:30:29Z
dc.date.issued2012
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description8th International Strategic Management Conference -- JUN 21-23, 2012 -- Barcelona, SPAINen_US
dc.description.abstractToday internet banking is an alternative delivery channel developed by using internet to offer banking services. International banking sector started to use the internet not only as an innovative payment method to increase customer convenience, but also as a way to reduce costs and enhance profits. It is observed that the retail markets have remained essentially national/local and internet banking is gaining wider public acceptance in the EU. Internet banking activities continue to increase in the EU region through the opportunities internet provides for the banking sector as well as its low cost benefits for banks. This paper examines internet banking in the context of the banking sector which has a great importance due to its big effect on the economy of the EU and Balkan countries. Debt-induced economic austerity is destroying the European banking sector which derives no benefit from the borrowed billions but must now make great sacrifices to bail out. In this study, the potential risk of the Sub-Prime banking crisis into a sovereign debt one in Euro area countries is investigated. Nevertheless, the serious threats, which concern Greece and Italy, do not permit us to exclude the occurrence of contagious sovereign debt crises in Euro area in the future. There will be economic pain if the Greeks continue with the euro and there will be economic pain if the Greeks leave the euro. (C) 2012 Published by Elsevier Ltd. Selection and/or peer-review under responsibility of the 8th International Strategic Management Conferenceen_US
dc.description.sponsorshipBeykent Univ Istanbul,Gebze Inst Technol,Emerald Publishing Grp,Elsevier Ltd Publishing Grpen_US
dc.identifier.doi10.1016/j.sbspro.2012.09.1033
dc.identifier.endpage568en_US
dc.identifier.issn1877-0428
dc.identifier.startpage560en_US
dc.identifier.urihttps://doi.org/10.1016/j.sbspro.2012.09.1033
dc.identifier.urihttps://hdl.handle.net/20.500.12662/3354
dc.identifier.volume58en_US
dc.identifier.wosWOS:000312875900062en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherElsevier Science Bven_US
dc.relation.ispartof8th International Strategic Management Conferenceen_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectInternet Bankingen_US
dc.subjectThe EUen_US
dc.subjectEnlargement Countriesen_US
dc.subjectDebt Crisesen_US
dc.titleEurozone debt crises versus new opportunities for global internet banking collaboration and strategic alliances in the EU and Balkan countriesen_US
dc.typeConference Objecten_US

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