Paris Club

British  

noun

1. an informal group of representatives from IMF member nations whose governments or central banks have lent money to governments of other countries See Group of Ten

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Example Sentences

PSG owners Qatar Sports Investments have made no secret of their main goal of winning Europe's elite competition, despite the Paris club winning nine Ligue 1 titles since the 2011 takeover.

From BBC

The Paris club are on course to reach the quarter-finals as they face Real Sociedad on Tuesday holding a 2-0 advantage from the first leg.

From BBC

The Council on Foreign Relations assessment notes that loan terms are rarely made public and "because China refused to join the Paris Club of major official creditors", Chinese banks are under no pressure to cap lending rates or share information.

From BBC

"That is the first time ever that China and the Paris Club have generated joint rules."

From Reuters

Two sources familiar with the process said the negotiations took time but ultimately yielded a first: detailed language agreed by major creditor China with the Paris Club on how to enforce the comparability of treatment of private and public creditors.

From Reuters