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MADRID () -- Indebted Russia moved closer to a deal deferring repayment of billions of dollars of commercial bank debts Tuesday, but the two sides at the IMF meeting here were divided on how long talks would take.
Acting Finance Minister Sergei Dubinin said Russia was very close to a compromise rescheduling deal, which would give it extra time to repay debts of some $25 billion
Debt Deferment Nearer
05 October 1994
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