How do get rid of foreign debts?
Debtor’s Abyss by Goran VUJOVIC Monitor, Podgorica, Montenegro, FR Yugoslavia, July 27, 2001 When someone owes a little, that is his problem. When someone owes a lot that becomes the lender’s problem. Apparently, every debtor should keep this in mind. Especially if he owes a lot, as in that case his future depends on his lenders. That is why it is of crucial importance whether Montenegro owes a little or a lot. Her future depends exactly on that, because her lenders are international institutions and developed countries on whose assistance and good will Montenegro now depends. Perhaps that is what Milo Djukanovic had in mind when a few years ago he encouraged his supporters claiming that the Montenegrin foreign debt was small and that he personally had tooken care that a part of it be repaid. Even today, with open pride, the president recalls his shrewdness from the time when he was the Prime Minister. “I did what I could and invested all of my energy and knowledge during the last ten
