Domestic companies might have financing problems next year

The domestic companies might have serious financing problems in 2009 under the concerted effect of the recent decisions of the financial rating agencies and the recession seen by the Western economies.The main effect of the rating agencies' decision is to be found in the interest rates that the foreign financial institutions charge the Romanian companies. 'Most certainly, the diminished credit rating is a negative signal to investors', the Capital weekly quotes CA-IB Romania managing ...

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