NO. 44


Financial and Banking News

Country Debt

France to Push for Algerian Debt Structuring

The French Minister of Economy and Finance, Mr. Pierre Beregovoy, is toencourage Credit Lyonnais in its attempt to put together a debt refinancingpackage for Algeria. Mr. Beregovoy's efforts form part of a package of measures,including FF4.4bn ($728mn) in new and frozen credits, with which France willassist the Algerian economy. Credit Lyonnais has a mandate from CreditPopulaire...