CR owed CZK 37 billion at end of 2015 with Cuba biggest debtor
06-06-2016 07:48 | Ian Willoughby
The Czech Republic was owed CZK 37 billion by other states at the end of
last year with Cuba its biggest debtor, according to figures released by
the Ministry of Finance quoted by the Czech News Agency. The figure was
over CZK 2 billion higher than a year previously due to interest and
fluctuations in the exchange rate between the crown and the US dollar,
in which most of the debts are held. The Ministry of Finance said Cuba
had requested to have some of its CZK 7 billion forgiven and offered to
pay the rest back in instalments.
Source: Radio Prague - CR owed CZK 37 billion at end of 2015 with Cuba
biggest debtor -
http://www.radio.cz/en/section/news/cr-owed-czk-37-billion-at-end-of-2015-with-cuba-biggest-debtor
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