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Page 18
Debts to Western banks appear to be being paid on time - The 1983 plan
fulfilment report confirmed that Rumania ' s total balance of trade surplus in 1983
was $ 2 , 418 mn ( compared to a $ 1 . 0 bn surplus in 1982 ) , which it stated "
made ...
Debts to Western banks appear to be being paid on time - The 1983 plan
fulfilment report confirmed that Rumania ' s total balance of trade surplus in 1983
was $ 2 , 418 mn ( compared to a $ 1 . 0 bn surplus in 1982 ) , which it stated "
made ...
Page 18
In May 1985 the country raised a bridging loan of $ 480 mn from four Western
banks , Barclays , Deutsche Bank , Manufacturers Hanover and Union Suisse .
This was followed with a further request for a five year credit of $ 150 mn from the
...
In May 1985 the country raised a bridging loan of $ 480 mn from four Western
banks , Barclays , Deutsche Bank , Manufacturers Hanover and Union Suisse .
This was followed with a further request for a five year credit of $ 150 mn from the
...
Page 28
It is not clear whether the final goal of debt elimination refers to gross or net
indebtedness but it is probable that some level of liabilities towards the West will
be offset by assets held at Western banks . Rumania has not , however , shown
much ...
It is not clear whether the final goal of debt elimination refers to gross or net
indebtedness but it is probable that some level of liabilities towards the West will
be offset by assets held at Western banks . Rumania has not , however , shown
much ...
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