Slovenia Eases Concerns with Debt Buy Back

Slovenia, struggling to avoid becoming the euro zone’s next bailout case after Cyprus, raised more than twice as much as planned in a treasury bill tender on Wednesday aimed at easing pressure on its finances.
With investors increasingly skeptical that the small eastern European state can deal with its troubled banks on its own, the finance ministry used the proceeds to buy back a large tranche of debt maturing on June 6.
The move should buy time for the four-week-old …

Powered by WPeMatico

This entry was posted in African News. Bookmark the permalink.

Comments are closed.