SOVEREIGN DEBT
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Macroeconomics
Romania Less Likely To Default On Own Debt Vs Hungary, Spain
Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to the first half of 2011, according to a global ranking from British marke...
Analysis
Romania Enjoys Lower Borrowing Costs Than Italy, Hungary
Romania pays similar interest rates on its sovereign bonds as Spain and is perceived as less risky than Italy or Hungary, but trades outside neighbor Bulgaria.
Macroeconomics
Can The Finance Ministry Keep Interest Spending Under Control?
The government’s interest spending, which has tripled in the last three years, will continue to rise, making it into an important risk factor for fiscal control. Payment obligations will inc...