BORROWING COSTS
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Macroeconomics
Erste Sees Romania Borrowing Costs Rise Over Budget Concern
Romania will likely pay higher yields at its upcoming debt sales, as investors may be inclined to take advantage of Prime Minister’s Victor Ponta statement that the current budget doesn’t cover the necessary costs for the last 45 days of the year, a report fro...
Banks-Insurance
Erste: Romania’s Borrowing Costs Shouldn’t Climb After PM Resignation
Romanian government’s resignation shouldn’t drive borrowing costs higher, as long as the country remains committed to its economic and fiscal adjustment program agreed with foreign lenders,...