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FT: Romania property: A stake in Transylvania

March 19, 2012

By Teresa Levonian ColeIt is February, and snow blankets the countryside. Traffic on the icy tracks consists of horse-drawn carts laden with milk churns and hay. The scene is dominated by the magnificent medieval churches of the Saxon region. In the villages wood-smoke curls from chimneys while old women in long skirts and headscarves sweep the paths to their thresholds. It

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