date=4/5/96
type=correspondent report
number=2-195367
title=E Euro Stocks (s only)
byline=Barry Wood
dateline=Prague
content=
voiced at:

Intro:  Eastern European stock markets were again mostly higher
with all time highs in Budapest and a 12 month high in Prague.
V-o-A's Barry Wood reports.

Text:  The Budapest exchange hit an all time high on Tuesday, but
then fell back.  The Hungarian market closed with a six point
gain at 24-hundred-53.

In Prague, the market continues to touch new 12 month highs. The
PX-50 index ended the week at 507, an eight point or two  percent
rise on the week.

Warsaw was also higher.  The WIG index gained 233 points to
11-thousand-612, a two percent gain on the week.

The smaller exchanges showed increased activity.  Bulgaria and
romania were down but turnover in sofia rose to 23-thousand
dollars.  In bucharest share prices continued to slide during the
two trading sessions of the week.  Bratislava gained a point with
the 12 share index closing at 188.  In zagreb there was heavy
trading in the pliva pharmaceutical company and weekly turnover
reached one and a half million german marks.  (Signed)

neb/bdw/jwh/jm

05-Apr-96 12:12 pm est (1712 utc)
nnnn

source: Voice of America


date= april  8, 1996
type= editorial
number= 0-06740
title= hungary joins oecd

content=this is the only editorial being released for broadcast
april 8, 1996.

Anncr: 
The Voice of America presents differing points of view on a wide
variety of issues.  Next, an editorial expressing the policies of
the United States Government.

Voice:

    Hungary recently became the second East European country to
join the Organization for Economic Cooperation and Development,
or O-E-C-D.  The Czech Republic was admitted in February.  And
Poland, with Europe's fastest growing economy, is expected to be
invited later this year.

    The O-E-C-D is the successor to the agency that distributed
U.S. Marshall plan assistance to Europe in the years following
the Second World War.  The Paris-based organization is a
multilateral forum in which member countries seek to develop
policy recommendations on a range of economic, scientific and
social issues.  It aims to promote policies designed to achieve
the highest sustainable economic growth, employment, and standard
of living. The O-E-C-D also promotes sound economic expansion in
member and non-member countries and contributes to the expansion
of world trade.

    About a dozen post-communist countries are cooperating with
the O-E-C-D.  Many are seeking membership.  Initially only the
U.S., Canada and Western European nations were members.  Later,
Japan, Australia and New Zealand joined.  Two years ago, Mexico
became a member.

    Membership in the OECD represents a milestone in the process
of bringing former communist countries of Eastern Europe into the
community of democratic free-market nations.  The Czech Republic,
Hungary and Poland have demonstrated an impressive effort to
liberalize their economies.  The United States welcomes them as
new members of the O-E-C-D.

Anncr:

    That was an editorial expressing the policies of the United
States Government.  If you would like to be heard on this issue,
please write to editorials, Voice of America, Washington, D-C,
20547, U-S-A.  You may also send us a fax at (202) 619-1043.
Your comments may be used on the air.

05-Apr-96 11:31 am est (1631 utc)
nnnn

source: Voice of America


#+--------------------------------------------------------------------+
#|    A Magyar Nemzeti Bank hivatalos deviza- es valutaarfolyamai     |
#|      Official exchange rates of the Hungarian National Bank        |
#|    Az adatok tajekoztato jelleguek, felelosseget nem vallalok.     |
#| Az esetleges hibakert elnezest kerek. Velemenyeket es javitasokat  |
#|                       szivesen fogadok.                            |
#|     FYI, no responsibility. Opinions, corrections are welcome.     |
#+--------------------------------------------------------------------+
#|     vetel/BUY  eladas/SELL  < A kereskedelmi bankok arfolyamsavjai |
#| USD  137-140     146-148    <      Rates of commercial banks       |
#| DEM   93-95       99-102    <                (HUF)                 |
#+--------------------------------------------------------------------+
#
# VALUTA; KOZEP; VETEL; ELADAS; EGYSEG; MEGJEGYZES
# TYPE;   MEAN;  BUY;   SELL;   UNIT;   REMARKS
DATE=1996-APR-05
UNIT=HUF
SOURCE='NAPI Gazdasag, 1996-APR-06, p.16'
GBP;  224.93;  222.87;  227.31;    1;  angol font (skot es eszakir is)
AUD;  115.14;  114.12;  116.32;    1;  ausztral dollar
BEF;  483.71;  478.93;  488.51;  100;  belga (es luxemburgi) frank(100)
DKK;   25.74;   25.48;   26.00;    1;  dan korona
FIM;   31.76;   31.48;   32.12;    1;  finn marka
FRF;   29.18;   28.93;   29.51;    1;  francia frank
GRD;    0.00;   60.50;   61.70;  100;  gorog drachma(100) (kozepar nincs)
NLG;   88.97;   88.09;   89.85;    1;  holland forint
IEP;  232.07;  229.88;  234.44;    1;  ir font
JPY;  137.06;  135.63;  138.39;  100;  japan jen(100)
CAD;  108.42;  107.35;  109.45;    1;  kanadai dollar
KWD;  491.51;  486.71;  496.39;    1;  kuvaiti dinar
DEM;   99.37;   98.43;  100.39;    1;  nemet marka
NOK;   22.97;   22.73;   23.19;    1;  norveg korona
ITL;   94.24;   93.45;   95.31; 1000;  olasz lira(1000)
ATS;   14.13;   14.00;   14.28;    1;  osztrak schilling
PTE;   96.53;   95.56;   97.46;  100;  portugal escudo(100)
ESP;  118.98;  117.72;  120.06;  100;  spanyol peseta(100)
CHF;  123.23;  122.02;  124.44;    1;  svajci frank
SEK;   22.17;   21.95;   22.39;    1;  sved korona
USD;  147.11;  145.67;  148.57;    1;  USA-dollar
XEU;  184.96;  183.14;  186.78;    1;  European Currency Unit (ECU)