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Ratings agencies argue emerging markets proving resilient

July 2010 - From the Print Edition

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A softening of risk? Ratings for emerging market corporates have proved resilient this year and fewer downgrades are occurring than in 2009, according to Richard Hunter, Fitch’s group managing director at Bucharest’s first Credit Risk Management Conference, at the Athenee Palace Hilton. Organised by business services providers ICAP Romania and Cycle European and with support from The Diplomat, the conference stated that negative pressure has softened since late 2008 and early 2009. Liviu Dragan, Totalsoft CEO and Romtelecom CEO Yorgos Ioannidis were among the distinguished panellists.



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