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Eastern Europe Finances

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BUSINESS
April 10, 1990 | ART PINE, TIMES STAFF WRITER
Officials of the United States and 41 other countries ironed out their last major differences over the proposed East European development bank Monday, clearing the way for final approval of the new institution as early as next month.
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BUSINESS
April 16, 1991 | JOEL HAVEMANN, TIMES STAFF WRITER
In an atmosphere of hope and caution, leaders of 39 nations met in London on Monday to launch an Eastern European development bank that French President Francois Mitterrand called "the first institution of the new Europe."
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NEWS
September 7, 1990 | CAROL J. WILLIAMS, TIMES STAFF WRITER
The United States and Western Europe pitched in to launch an Eastern European environmental center Thursday but put the struggling new democracies on notice that they will have to foot the massive cleanup bill largely by themselves. The center's $12-million start-up fund is only a droplet of cure for an ocean of environmental illness gripping the Continent, raining poison on forests and shrouding cities in clouds of industrial smoke.
BUSINESS
May 9, 1990 | ART PINE, TIMES STAFF WRITER
West Germany hinted Tuesday that it will be prepared to join a U.S.-European effort to help "stimulate economic reform" in the Soviet Union once German reunification is completed. The suggestion, made to reporters by West German finance minister Theo Waigel, was the farthest that Bonn has gone in promising eventual economic help for Moscow as part of its effort to sweeten the pie for Soviet approval of reunification.
BUSINESS
March 2, 1989 | From Reuters
The Organization for Economic Cooperation and Development warned Wednesday that increasing debt by Eastern European countries could bring payment problems if the rise in world interest rates continues. The OECD said in a report that interest payments on debt by the Soviet Union and other Warsaw Pact nations had been inching up since 1986. Some, if faced with a halt in new lending from non-communist industrial nations, would lay themselves open to balance of payments problems.
BUSINESS
April 16, 1991 | JOEL HAVEMANN, TIMES STAFF WRITER
In an atmosphere of hope and caution, leaders of 39 nations met in London on Monday to launch an Eastern European development bank that French President Francois Mitterrand called "the first institution of the new Europe."
NEWS
November 25, 1989 | KARL SCHOENBERGER, TIMES STAFF WRITER
In a modest departure from its traditional pattern of distributing foreign aid, Japan announced Friday that it will contribute a $150-million loan to a multinational plan aimed at stabilizing the Polish economy. The loan is Japan's first firm commitment to providing economic assistance for Eastern Europe since Poland, Hungary and other Communist countries in the region began a recent wave of political and economic reforms.
NEWS
September 7, 1990 | CAROL J. WILLIAMS, TIMES STAFF WRITER
The United States and Western Europe pitched in to launch an Eastern European environmental center Thursday but put the struggling new democracies on notice that they will have to foot the massive cleanup bill largely by themselves. The center's $12-million start-up fund is only a droplet of cure for an ocean of environmental illness gripping the Continent, raining poison on forests and shrouding cities in clouds of industrial smoke.
BUSINESS
May 9, 1990 | ART PINE, TIMES STAFF WRITER
West Germany hinted Tuesday that it will be prepared to join a U.S.-European effort to help "stimulate economic reform" in the Soviet Union once German reunification is completed. The suggestion, made to reporters by West German finance minister Theo Waigel, was the farthest that Bonn has gone in promising eventual economic help for Moscow as part of its effort to sweeten the pie for Soviet approval of reunification.
BUSINESS
April 10, 1990 | ART PINE, TIMES STAFF WRITER
Officials of the United States and 41 other countries ironed out their last major differences over the proposed East European development bank Monday, clearing the way for final approval of the new institution as early as next month.
NEWS
November 25, 1989 | KARL SCHOENBERGER, TIMES STAFF WRITER
In a modest departure from its traditional pattern of distributing foreign aid, Japan announced Friday that it will contribute a $150-million loan to a multinational plan aimed at stabilizing the Polish economy. The loan is Japan's first firm commitment to providing economic assistance for Eastern Europe since Poland, Hungary and other Communist countries in the region began a recent wave of political and economic reforms.
BUSINESS
March 2, 1989 | From Reuters
The Organization for Economic Cooperation and Development warned Wednesday that increasing debt by Eastern European countries could bring payment problems if the rise in world interest rates continues. The OECD said in a report that interest payments on debt by the Soviet Union and other Warsaw Pact nations had been inching up since 1986. Some, if faced with a halt in new lending from non-communist industrial nations, would lay themselves open to balance of payments problems.
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