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Dutch city pilots radical debt cancellation scheme for poor families
Councillor in Arnhem says existing system to resolve issues caused by debt costs billions and isn’t working
The Dutch city of Arnhem is going to cancel the debts of some of the poorest families in the Netherlands in an attempt to break a health-crushing downward spiral and give people a fresh start.
Earlier this month, municipal officials began knocking on doors in the Immerloo II district, one of the poorest neighbourhoods in the Netherlands, offering to pay off problem debts.
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