Building a world of
resilient communities.

MAIN LIST

 

Russia will write off 90 pct of Iraq debt -Putin

THE HAGUE, Nov 25 (Reuters) - Russian President Vladimir Putin said on Thursday that Moscow had committed itself to writing off 90 percent of Iraq's debts, more than the 80 percent of forgiveness agreed by the Paris Club of sovereign debtors.

"In the framework of the Paris Club we have undertaken ... writing off of Iraqi debts to us," Putin told a news conference after a summit with European Union leaders.

"When entering the Paris Club we have obliged ourselves to write off 60 percent plus new agreements, and totally that will amount to 90 pct of writing off Iraqi debt to Russia."

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Greece: the bad apple of the bunch?

If the "Limits to Growth" model describes the present situation, …

It Was the Creditors who Pushed Greece over the Edge

If they had truly cared, the creditors could have easily prevented a …

Living Co-operatively: Everyday Dissent

Co-operatives (housing, energy, food and worker) act in opposition to the …

Laudato Si: Signalling towards Degrowth?

But whether or not „degrowth“ would make a better translation of …

Closed In and Crowded Out: Urbanising against the City

European institutions were designed to direct flows of global capital. In …

Greek Referendum: Euro Crisis Explodes into Dramatic Climax

Those who accuse the Greeks of “recklessness” are mistaken: the …

Here's What a Commons-Based Economy Looks Like

So what might a commons-based economy actually look like in its broadest …