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BBVA Expects Emcali Workout Nod

Sep 4, 2009

BBVA expects the Colombian government to approve today its proposal to restructure highly indebted government-owned utility Emcali, Andres O’Byrne, the banker on the deal, tells...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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