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An informal group of private creditors on the international stage. Similar to the Paris Club of public lenders. London Club is not the only informal group of private creditors. Its first meeting took place in 1976 in response to Zaire's payment problems.

Russia's London Club debt as of February 2009 was US$ 21.2 billion, all restructured Soviet-era[1].

References

  1. ^ Russia's total external debt

External links


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