Spain to cancel most of Bolivia's debt

[Cocoa]

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2006-01-04T200146Z_01_L04229270_RTRIDST_0_SPAIN-BOLIVIA-DEBT-URGENT.XML

MADRID, Jan 4 (Reuters) - Spain has agreed to cancel most of Bolivia's $120 million debt burden in exchange for spending on education, Spanish Secretary of State for Communications Fernando Moraleda told reporters on Wednesday.

The announcement followed a meeting between Prime Minister Jose Luis Rodriguez Zapatero and Bolivian president-elect Evo Morales, on the first leg of a visit to Europe.

More details will be provided over the coming days, Moraleda added.

[GrumpyGreg]

1. Good for Spain !

[Vidar]

2. Cheering Spain.

[Judi Lynn]

3. This is real progress, from a great Spanish Prime Minister.

You can be certain you would NEVER have heard anything remotely like this from his predecessor, _Bush's obnoxious friend, P.M. Aznar. NEVER.



People like them just don't work this way.

Best wishes for Bolivia's new beginning, and its new President.

[dennisnyc]

4. this is great! i'm worried what the us/imf/wb are going to do in

retaliation :(

this is great news!

[Stockholm]

5. Now that´s a definition of progressive politics

Zapatero can be the next Olof Palme!

Kick and nominated.

[eridani]

9. Let's hope he remembers what happened to Palme--

--and takes appropriate precautions.

[Stockholm]

10. You can kill the man

but not his ideas!

[mom cat]

6. Great news. K&R

[1932]

7. Another country in the Axis of Good.

[NuttyFluffers]

8. very good! this is called 'building allies and new markets'...

something we used to do but seemed to have forgotten apparently. an educated populace is a useful populace for research, trade, advance labor, and refined goods... as well as being the morally right thing to do. bravo espana

[petgoat]

11. Now if China would just forgive some of our debt burden so

we could afford to educate OUR kids.... :(

[Judi Lynn]

12. We've never needed it more than now! The pResident is living proof.