No strong rebound of global economy this year or the next, says Moodyaa‚¬a„¢s representative

Newsroom 23/06/2010 | 14:55

There is no sign of a strong rebound of the global economy this year or the next and many companies are not expected to go back on their previous output path, said Petr Vins, Moody’s general manager Central Europe while present at the 1st Credit Risk Management Conference held by ICAP Romania and CYCLE European.

Speaking at the same event, Richard Hunter, group managing director of Fitch added that the gap between developed & emerging market corporates is shrinking while ratings for emerging market corporates have proved more resilient.

The 1st Credit Risk Management Conference took place on June 15th and was attended by more than 250 C-level executives from 200 Romanian and multinational companies.


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