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Cuba offers rum to pay off USD 276m Czech debt

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Cuba has come up with an unusual way to repay its multimillion dollar debt to the Czech Republic – bottles of its famous rum, officials in Prague say. The Czech finance ministry said Havana had raised this possibility during recent negotiations on the issue. Cuba owes the Czech authorities USD 276m, and if the offer is accepted the Czechs would have enough Cuban rum for more than a century. However, Prague said it preferred to get at least some of the money in cash.

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