EU countries sinking in debt – Bloomberg ...News

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EU countries sinking in debt – Bloomberg
Poland, Romania, and Hungary are now among the largest emerging-market borrowers, the outlet reports Countries in Eastern Europe have borrowed some $32 billion so far this year, three times more than during the same period a year ago, Bloomberg reported on Tuesday. Poland has tapped overseas markets for nearly $9 billion, putting it second among emerging-market economies in terms of overseas borrowing, trailing only Saudi Arabia. Meanwhile, Romania and Hungary, which have borrowed a respective $6 billion and $5 billion, are the fourth and fifth largest emerging-market borrowers. This marks the first time in a doze

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