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Friday, September 24, 2004
Bucharest, Sept 24 (InvestRomania) – The council of the city hall of Romania’s capital Bucharest has decide to launch a €500 million Eurobond issue in a move to raise money for ambitious plans to modernizing the city ahead the EU accession.
International rating agency Standard and Poor’s has rated Bucharest city hall “BB” with stable outlook. The business landscape in Bucharest is probably the most dynamic one in Romania.
Bucharest has an obsolete infrastructure, with many city districts badly needing heavy investments to offer decent living conditions. Investments are also requested in the historical center of the town.
(Bucharest Newsroom-Tel/fax: +40 21 210 2934; +40 21 210 2935)
Posted by Mihai Botea : 9/24/2004 01:26:00 pm
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