Price of debt – austerity and the plight of a project finance partner

Price of debt – austerity and the plight of a project finance partner

The Magic Circle has so far been able to hold off the advance of US firms in project finance, but how are teams faring in a market hit by European austerity and falling commodities prices?

‘Do not go where the path may lead, go instead where there is no path and leave a trail.’
Ralph Waldo Emerson

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