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Image header Agence Europe
Europe Daily Bulletin No. 7758
Contents Publication in full By article 15 / 45
GENERAL NEWS / (eu) eu/development

Differences between Commission and UN Secretary General over initiative to lighten debt - EU urges other industrialised countries to follow its example

Brussels, 13/07/2000 (Agence Europe) - The Commission has taken a threefold initiative relating to the lightening of the heavily indebted poor countries (HIPC initiative). It has:

a) urged the other industrialised countries to follow the EU example, which has decided to allocate over one billion euro to this initiative, thus becoming the foremost donor to the HIPC Trust Fund. The Commissioner for Development, Poul Nielson declared on this subject: "Financing of this fund will only be...

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