London Club offer 'unacceptable' to Dinkic

Yugoslav officials appear in no rush to reach a conclusion over a $2.2bn ( £1.6bn) debt rescheduling in negotiations with the London club of private creditors.

Yugoslavia is seeking a right off in the region of 70% for the value of the debt, the offer from the London Club stands at 50%. Central bank governor Mladjan Dinkic has described this offer as "unacceptable". Yugoslavia has already secured a 66% deal with the Paris Club of national creditors earlier this year. "As for the London Club, I

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: