Central Banking

Cuba tests new waters in foreign debt relief talks

Cuban envoys, testing uncharted waters, met foreign government representatives on Thursday to discuss what could amount to a landmark deal to alleviate the pain of Havana's crippling foreign debts.

Finance ministry and central bank representatives from one of the world's last Communist nations met delegates from Japan and several European governments with total claims of some $3.5bn on Havana, a European official said. "This is unknown terrain," the official said. "We are making progress, but