Crimea referendum threatens CEEMEA debt crises

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Crimea referendum threatens CEEMEA debt crises

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All eyes are on Crimea, where Russia’s reaction to a referendum on Sunday will determine whether the CEEMEA market is thrown into confusion or can still hold out hope of short term bond supply. But most emerging market analysts and debt bankers expect the situation to get worse before it gets better, which means a broad retreat from EM risk.

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