Exploring G8 proposals for debt relief - The report highlights the current G8 proposals for debt relief, but makes it clear that much more is needed. In particular, it draws attention to the following issues: >Debts must be cancelled as a matter of justice: creditors must accept their share of responsibility in creating the current debt crisis, and cancel debts on this basis. Cancellation must be available to all countries that need it: our analysis of the financing required to meet the Millennium Development Goals [Millenium Development Goals (Eldis)]

Report attached: In the Balance: Why Debts Must be Cancelled Now to Meet the Millennium Development Goals