local authorities
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Banks granted 100m euros to local authorities in Q1
Bankers granted around 100 million euros in funding to town halls and to county councils in the first three months of 2011, nearly six times more than in the corresponding period of last year, according to data from the Finance Ministry.
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Romstrade starts the year with contracts with local authorities
Construction company Romstrade, controlled by businessman Nelu Iordache, starts 2011 with contracts with the local authorities, after in previous years around 60% of the company's turnover u...
ZF English
Banks lending hundreds of millions of euros to local authorities
Bankers have found clients to lend money to considering private lending is not recovering and T-bill auctions are not as successful as they used to be. Town halls and county councils borrowe...