Romania Could Tap Foreign Markets For EUR2.8B In 2012

11.14.2011 By Bogdan Neagu

The Romanian Finance Ministry plans to borrow EUR1.3 billion from international markets to cover half of next year’s budget deficit, but the total amount attracted from foreign creditors could be raised up to EUR2.8 billion, as the country has to repay two foreign currency loans in 2012.

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Keywords:: FINANCE MINISTRY; , BONDS; , LOANS

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