French jurist
Registered
- Joined
- Feb 5, 2010
- Messages
- 4,250
- Likes
- 3,391
Suspect of the recent Paris Club settlement too. Bulk of payments $$$$ will be the responsibility of the next President. Moreover, settlement period is five years and AR agreed to pay the full monte: principal 5 billion$, accrued interest 2 billion$ and penalties to the tune of 2 billion$. Most thought Kicilcoff could have gotten the deal spread out over ten years.
Nothing like strapping the next administration with a ton of debt and due payments.
At the same time, NK inherited the debt (both financial & social) from the 2001/2002 crisis of course.