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Romania might be compelled to pay high interest rates to finance its deficit 

de A.C.     HotNews.ro
Luni, 30 august 2010, 21:42 English | Top News

Romania might be compelled to pay high interest rates to finance its deficit, above the 7% limit fixed by the Finance ministry and inverstors are seeking higher returns as inflation grows, Bloomberg reads. The agency reads that Romaia needs funds to cover its budgetary deficit that reached 8.3% of GDP in 2009. 

Finance minister Vladescu declared that the government would not want to pay more but experts estimate tha the government will eventually have to. 
























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