[lbo-talk] Spain to cancel most of Bolivia's $120 mln debt

uvj at vsnl.com uvj at vsnl.com
Thu Jan 12 12:54:04 PST 2006


Reuters.com

Spain to cancel most of Bolivia's $120 mln debt

Wed Jan 4, 2006

MADRID, Jan 4 (Reuters) - Spain has agreed to cancel most of Bolivia's $120 million debt burden in exchange for spending on education, Spanish Secretary of State for Communications Fernando Moraleda told reporters on Wednesday.

The announcement followed a meeting between Prime Minister Jose Luis Rodriguez Zapatero and Bolivian president-elect Evo Morales, on the first leg of a visit to Europe.

More details will be provided over the coming days, Moraleda added.

© Reuters 2006. All Rights Reserved.



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