Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Search

 

Cablegate: Czech Republic: Unlikely to Forgive Beyond 80% Of

VZCZCXYZ0000
PP RUEHWEB

DE RUEHPG #1401 3131235
ZNR UUUUU ZZH
P 091235Z NOV 06
FM AMEMBASSY PRAGUE
TO RUEHC/SECSTATE WASHDC PRIORITY 8227
INFO RUEHGB/AMEMBASSY BAGHDAD PRIORITY 0068
RUEATRS/DEPT OF TREASURY WASHDC PRIORITY

UNCLAS PRAGUE 001401

SIPDIS

SIPDIS

STATE FOR EUR/NCE, EB/IFD/OMA, NEA/I

E.O. 12958: N/A
TAGS: ECON EFIN EZ IZ
SUBJECT: CZECH REPUBLIC: UNLIKELY TO FORGIVE BEYOND 80% OF
IRAQI DEBT

REF: A. STATE 184738
B. STATE 181094
C. PRAGUE 1373
D. PRAGUE 1369

The Ambassador delivered reftel A demarche to the Minister of
Finance on November 1 and to the Minister of Foreign Affairs
on November 3, and both Ministers replied they would consider
it, as reported in reftels C & D. The Ministry of Finance
office handling this issue explained that while the GOCR had
already agreed to forgive 80% of Iraq's sovereign external
debt to the Czech Republic, it was not/not inclined to
forgive the remaining 20% because the debt is military in
nature and the GOCR does not wish to set a precedent in
forgiving military debt.
GRABER

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
World Headlines

 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.