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CPFL Said in Bid for Elektro

Oct 20, 2010

Brazil’s CPFL Energia has made a bid for Brazilian power generator and distributor Elektro, according to news reports....

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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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