News » December, 2010 » 3 December 2010
Manea, RBS: We desperately need a better sovereign rating
03.12.2010, 00:06 | Economy | 971 views
The only investors showing interest in Romania currently are hedge funds and companies of small economies, as the sovereign rating assigned by two of the three largest international agencies is in the "speculative grade" category, says Magdalena Manea, corporate vice-president with RBS Romania. "The Government's first mission would be re-entering the investment grade category. But this would entail multiannual budgetary plans, public expenses centred on projects with a high degree of multiplication in the economy and consistency of fiscal measures. Uncertainty is the clearest way to failure," says Manea, Read more on ZF.ro
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