Construction Sector: insufficent funding may prompt new defaults
01.05.2009
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A severe lack of funding in the sector has considerably raised risks
of occuring new defaults on bonds issued by construction companies. Whether the number of
defaults will rise is greatly contingent upon timeliness of measures taken by the
government. Unfortunatley such measures still remain non-materialized.
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Andrey Kulik,
Olga Shubina,
source: «КР Монитор», 5 (21)