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EEB Nabs Third I-Grade Rating

Nov 5, 2012

Fitch Ratings has upgraded Empresa de Energia de Bogota's (EEB) to BBB minus from BB+, it says, giving the utility its third investment grade rating. “The upgrades reflect EEB's...

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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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