Romanias debt woe
[Jul 23, 2010] [via YahooNews]BUCHAREST (Reuters) Romanias government is losing its battle to keep a lid on its borrowing costs and risks having to pay investors even higher premiums if it does not now concede the discounts they are demanding to buy its debt. Bucharest has struggled to sell debt at yields it deems acceptable and refused to go over 7 percent, but rates of return are more likely to rise than fall due to ...
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Tags : bucharest | investors | premiums | rates of return | reuters
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