The Soviet Union cleared the czar's debts. According to British estimates, the debt of Russia at that time was 50 million pounds.

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This is a bit detailed, but I can't understand it.

Russia and France agreed to settle the czar's debt.

Publication: number of monitors: 2 issues: 223 1 1 27th of the month, 1996 03:00 AM Age: 15 years old Directory: monitors.

Russia and France signed a bilateral memorandum, according to which Russia will pay the debts owed by the Russian government before the Bolshevik Revolution. The agreement was signed yesterday during Russian Prime Minister Dmitry chernomyrdin's visit to Paris. Pre-revolutionary bondholders claimed that they owed $30 billion, but French Prime Minister Alain Juppe said yesterday that the total amount under discussion was about $400 million. It is reported that the agreement stipulates that the money will be paid off within four years. Clearing these debts will remove the last obstacle for Russia to join the Paris Club of creditor countries, which in turn will enable Russia to recover the money owed by many developing countries. Juppe said yesterday that France wants to see Russia join the Paris Club, and discussions are under way for this purpose. (Itar-Tass, united press international 1 1 26th)

Sigh.

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