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Foreign Media: Extinction of debts strengthens Russian positions in G8


According to The Wall Street Journal the official declaration about Russia readiness to liquidate in advance its debts to the Paris Club will improve other countries' confidence to Russia within its presidency in G8-2006.

"Such measures will also help Russia to reject some western critics that this country is too poor economically to be a member of such exclusive Club", - the newspaper says.

The issues of Russia' debts to the Paris Club and its extinction will be discussed next Friday at the meeting of G8 ministers of finance. Last year Moscow has already repaid in advance 15 billions of its debts.

Expert opinion

Halter Marek

02.12.06

Halter Marek
Le College de France
Olivier Giscard d’Estaing

02.12.06

Olivier Giscard d’Estaing
COPAM, France
Mika Ohbayashi

02.12.06

Mika Ohbayashi
Institute for Sustainable Energy Poliñy
Bill Pace

02.12.06

Bill Pace
World Federalist Movement - Institute for Global Policy
Peter I. Hajnal

01.12.06

Peter I. Hajnal
Toronto University, G8 Research Group


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