(Corrects to remove forecast for debt level including extra borrowing in 18th paragraph.) Sept. 30 (Bloomberg) — French President Nicolas Sarkozy says that even with a record budget deficit, France needs to spend more borrowed money to kick start economic growth.
Philippines to Sell $750 Million of Debt, Hires Banks (Update3) (Bloomberg)
July 13 (Bloomberg) — The Philippines plans sell up to $750 million of dollar bonds to plug a record budget deficit , its second overseas debt issuance this year.
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