Identifier
Created
Classification
Origin
06PRAGUE1401
2006-11-09 12:35:00
UNCLASSIFIED
Embassy Prague
Cable title:
CZECH REPUBLIC: UNLIKELY TO FORGIVE BEYOND 80% OF
how-toVZCZCXYZ0000 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