Moody's: CEE governments gross financing needs to fall slightly in 2013, debt levels to stabilize in 2014-15
New York, January 28, 2013 -- The 2013 financing needs of governments in Central and Eastern Europe (CEE) will amount to EUR184 billion, says Moody's Investors Service in a Special Comment released today. Although the rating agency's forecast represents a 4.1% increase from EUR177 billion in 2012 due to higher debt amortisation, Moody's expects that borrowing requirements for the region will actually fall slightly to 9.9% of GDP in 2013 from 10.2% the previous year.
