International bankruptcy scheme 'easy to set up'

UK - An international bankruptcy procedure for governments could be set up quickly and easily while protecting key public services from creditors, according to a report from a leading campaign group.

Jubilee Plus, the successor to the debt relief campaign Jubilee 2000, argues that an independent arbitration commission for heavily indebted countries could be set up almost immediately.

Anne Krueger, first deputy managing director at the International Monetary Fund - who surprised policymakers in