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Euro crisis to worsen $25bln Gulf debt burden

Posted on 18 November 2011

European bond and stock markets suffered a further fall yesterday as Gulf companies were warned they faced growing refinancing risks linked to US$25 billion (Dh91.8bn) in debt due next year.
Yields on euro-zone sovereign debt widened further, reflecting investors’ concern that the European crisis may spread………………………………………Full Article: Source

 
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