Iraq's Odious Debts

“G8 to welcome OPEC move, focus on Iraq debt,”source

by Reuters
June 3, 2004
London: The leaders of the Group of Eight industrial nations next week are expected to welcome OPEC’s decision to raise oil output and will discuss reducing Iraq’s debt burden, a European diplomatic source told Reuters. The diplomatic source, who asked not to be identified, said: “On the economic front, the heads of state and government will concentrate overall on Iraq’s debt. The percentage to cancel and restructure will be in a range of 60 to 90 percent.”

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