Voice from the Commonwealth
Commentary, World Views and Occasional Rants from a small 'l' libertarian in Massachussetts

"If ye love wealth greater than liberty, the tranquility of servitude better than the animating contest for freedom, go home and leave us in peace. We seek not your council nor your arms. Crouch down and lick the hand that feeds you, and may posterity forget that ye were our countrymen." - Samuel Adams

Friday, April 11, 2003

It seems that, surprise, France and Germany with all of their compassion for the Iraqi people may not bee keen on debt frgiveness either.

The question of wiping clean Iraq's enormous debt is a matter for the Paris Club and cannot be decided bilaterally, a spokesman for the Finance Ministry said here.

As long as the issue is not discussed within the Paris Club, the question of forgiving all or part of Iraq's debt "cannot be answered with a yes or a no," the spokesman said, adding that Iraq owed Germany around 4 bln eur in debt.

< email | 4/11/2003 12:15:00 PM | link

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