Monday, July 9, 2007

Albania to Sell First International Bonds in 2008, Central Bank Chief Says

(Bloomberg) -- Albania, Europe's poorest country, will
sell foreign currency bonds for the first time next year to raise
money for new roads and power plants, central bank Governor Ardian
Fullani said.

The government of the former communist nation, where a quarter
of the population lives in poverty, will discuss the size, currency
and timing of the sale with the International Monetary Fund in the
coming months, Fullani said in an interview in Athens on July 6.


Read more at Bloomberg Emerging Markets News

No comments: