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Bulgaria to cancel part of Iraqi debt
Saudi Press Agency Published in Saudi Press Agency on 11 - 11 - 2007


Bulgaria has agreed to reduce the more than one
billion dollars of debt Iraq owes it by 360 million dollars (245
million euros) including interest, Bulgaria's Finance Minister Plamen
Oresharski said in Sofia Sunday, according to dpa.
Iraq owes the Eastern European country a total of 1.86 billion
dollars in debt racked up during the years of Bulgarian communism up
to 1989.
Bulgaria was part of the US-led coalition that toppled the
dictatorship of Saddam Hussein in Iraq in 2003.

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