The World - News from March 9, 1986
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Poland and its Western government creditors have reached formal agreement on rescheduling and restructuring $1.6 billion in outstanding debt repayments. A Warsaw radio broadcast, monitored in London, said after a two-day meeting in Paris between the Poles and Western creditor nations that the economically hard-pressed Communist country will be allowed to repay its obligations--including $550 million in arrears--over 10 years with a five-year grace period.
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