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April 13, 1991 | JOEL HAVEMANN, TIMES STAFF WRITER
For the European Bank for Reconstruction and Development, whose job it is to help capitalism take root in Eastern Europe, the timing of Monday's inaugural board meeting in London is less than auspicious. After the initial euphoria of freedom, Eastern Europe believes it is not getting the help it needs from its new friends in the West. The world's biggest companies, at one time thought likely to invest heavily in the newly opened markets of Eastern Europe, are staying away in droves.
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NEWS
April 13, 1991 | JOEL HAVEMANN, TIMES STAFF WRITER
For the European Bank for Reconstruction and Development, whose job it is to help capitalism take root in Eastern Europe, the timing of Monday's inaugural board meeting in London is less than auspicious. After the initial euphoria of freedom, Eastern Europe believes it is not getting the help it needs from its new friends in the West. The world's biggest companies, at one time thought likely to invest heavily in the newly opened markets of Eastern Europe, are staying away in droves.
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