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PM orders Finance Ministry to pay Soviet debt to Czech Republic

The debt is to be paid off in a lump sum of 80 percent of the amount owned

Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, July 15 (Itar-Tass) - Prime Minister Dmitry Medvedev has ordered the Finance Ministry to pay the Soviet debt of 8 million U.S. dollars to the Czech Republic.

The debt is to be paid off in a lump sum of 80 percent of the amount owned, that is, 6.5 billion U.S. dollars. After that Russia’s obligations to the Czech Republic will be considered fulfilled.

The Finance Ministry has already signed agreements on similar debt payments with Slovakia and Serbia.

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