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Russia, Moldova to draft debt restructuring plan in H1
RBC, 05.02.2010, Chisinau 15:07:39.Russia and Moldova have agreed to prepare and present to their respective governments a plan on the restructuring of Moldova's debt for consumed Russian natural gas in the first half of 2010, co-chairmen of the Russian-Moldovan intergovernmental commission Veleriu Lazar and Andrei Fursenko told journalists today. According to Moldova's Deputy Prime Minister Lazar, the work on drafting the plan will begin today. Meanwhile, Moldova's debt restructuring will be discussed during a meeting between Moldovan Prime Minister Vladimir Filat and Gazprom's VP and Chairman of Moldovagaz Compliance Committee Valery Golubev. The parties are expected to reach an agreement on the settlement of Moldovagaz's existing debt and the transfer of current payments for Russian gas. Chairman of the Moldovan-Russian company Moldovagaz Alexander Gusev told RBC that the republic's total debt for gas, including the Transnistria region's debt, currently exceeded $2.3bn, and, due to a huge gap between the purchase and sale prices, was continuing to rise.
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