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To: lorne who wrote (30917)3/31/1999 8:37:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116976
 
Moscow to Request 75% Cut on Soviet Debt

<< Russia is to ask foreign creditors for a 75 percent cut in its Soviet-era debts, First Deputy Prime Minister Yuri Maslyukov was quoted as saying on Wednesday.

"We are in a condition to pay the debts of Russia," he told the Financial Times.

"But we are not in a position fully to pay the debts of the Soviet Union. We would like them to forgive 75 percent of the debt of the Soviet Union." -- cont'd -- >>

russiatoday.com