Hollosi Information eXchange /HIX/
HIX MOZAIK 601
Copyright (C) HIX
1995-10-20
Új cikk beküldése (a cikk tartalma az író felelőssége)
Megrendelés Lemondás
1 OMRI Daily Digest - 19 October 1995 (mind)  44 sor     (cikkei)
2 CET - 19 October 1995 (mind)  78 sor     (cikkei)

+ - OMRI Daily Digest - 19 October 1995 (mind) VÁLASZ  Feladó: (cikkei)

OMRI DAILY DIGEST
No. 204, 19 October 1995

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
JOURNALISTS: A directory of OMRI analysts covering Eastern Europe and
the former Soviet Union is now available. You can access it from OMRI's
World Wide Web page (http://www.omri.cz/SD/SDIntro.html) or
request a hard copy by sending an e-mail to 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

HUNGARY'S SOCIALISTS SERIOUSLY DIVIDED. Hungary's ruling Socialist Party
is deeply divided one month before a crucial party congress in late
November, Reuters and Hungarian newspapers reported on 18 October. A
slump in the party's popularity, divisions over economic policy, and
mounting dissatisfaction with Prime Minister Gyula Horn's governing
style are expected to make that meeting particularly explosive. Party
sources say Horn's position as party chairman is unlikely to come under
threat at the congress, but they suggest the controversial government
austerity package may have to be softened. -- Zsofia Szilagyi

HEAD OF LARGEST HUNGARIAN TRADE UNION FEDERATION QUITS. Sandor Nagy,
head of MSZOSZ, the country's largest trade union federation, officially
resigned from his post on 18 October, Hungarian newspapers and AFP
reported the next day. He told a news conference that MSZOSZ is
generally disappointed with the socialist-led government because it does
not stand up for leftist values. However, observers say that Nagy's
resignation was prompted by growing criticism among union activists that
Nagy, who is also an MSZP deputy, does not represent union interests
well enough. -- Zsofia Szilagyi

HUNGARIAN PREMIER IN CROATIA. Gyula Horn, during an official visit to
Zagreb on 18 October, met with President Franjo Tudjman and Prime
Minister Nikica Valentic, Croatian and Hungarian newspapers reported the
next day. The two premiers said after their meeting that discussion
focused on the current situation in the region, with special attention
given to bilateral economic relations. Horn said Hungary is willing to
participate in the reconstruction of the Croatian and Bosnian economies
by offering assistance worth $1 billion. -- Zsofia Szilagyi

[As of 12:00 CET]

Compiled by Jan Cleave

+ - CET - 19 October 1995 (mind) VÁLASZ  Feladó: (cikkei)

Thursday, 19 October 1995
Volume 2, Issue 205


BUSINESS NEWS
-------------

**HUNGARY CLOSE TO IMF LOAN CLOSE**
        The International Monetary Fund said yesterday Hungary's
        government is close to winning a standby credit.  Hungary is
        seeking about 300 million dollars.   IMF resident
        representative George Kopits says  this is the closest  the
        IMF has come to reaching a standby agreement with the current
        government.  He was speaking after the publication of a copy
        of a letter from the IMF to Hungarian Finance Minister Lajos
        Bokros in the Nepsava newspaper.  The letter outlines the
        areas in which further economic reforms are necessary.  The
        letter says five areas of Hungary's economy need particular
        attention.  It says next year Hungary should try to
        significantly reducte its net external indebtedness by reining
        in the current account deficit to under two  billion dollars
        from the expected  three billion for this year and boosting
        foreign investment and privatization income.  The letter also
        says Hungary's public sector deficit should be cut to below
        four percent of gross domestic product from eight percent last
        year and an expected 6.2 percent this year.  But that means
        the government would have to drastically cut spending on
        social security.  The IMF is also warning that wage restraint
        is vital.

ABOUT CET ON-LINE
-----------------

* CET On-Line is Copyright (c) 1995 Word Up! Inc., New Media
  Group, all rights reserved.  Not-for-profit redistribution of
  CET On-Line in electronic format is allowed only if our
  copyright notice, and all other copyright and by-line
  information contained in this publication is included.
  For-profit distribution of this publication or the information
  contained herein is strictly prohibited without the express
  written permission of Word Up! Inc., New Media Group.  These
  conditions are subject to change without notice.  For further
  information, contact Zoltan Nagy at >

  Some portions of the news provided by special agreement with
  Reuters.  For information on Reuters news and information
  products, contact your local Reuters office.


* All "Letters to the Editor" and other comments about
  editorial content should be directed to Duncan Shiels at
  >.  Any comments about distribution or
  production should be directed to Zoltan Nagy at
  >.


**CET On-Line** is a Word Up! Inc., New Media Group
  Publication.  The New Media Group also publishes the Prague
  Financial Monitor on-line.  For more information on the Prague
  FM, send a message with the word INFO in the body of a message
  to >.

  For a copy of the latest issue of the Prague Financial Monitor,
  send a blank e-mail message to >.


**Subscription Information**
  CET On-Line is a free e-publication.  Subscribe by sending a
  message with the word SUBSCRIBE in the body of a message to
  >.  For an automated information
  response, send a blank message to >.

  To unsubscribe at any time, send the word UNSUBSCRIBE in the body,
  not the subject line, of a message to >.

  For a copy of the latest issue of CET On-Line, simply send a blank
  e-mail message to >.


AGYKONTROLL ALLAT AUTO AZSIA BUDAPEST CODER DOSZ FELVIDEK FILM FILOZOFIA FORUM GURU HANG HIPHOP HIRDETES HIRMONDO HIXDVD HUDOM HUNGARY JATEK KEP KONYHA KONYV KORNYESZ KUKKER KULTURA LINUX MAGELLAN MAHAL MOBIL MOKA MOZAIK NARANCS NARANCS1 NY NYELV OTTHON OTTHONKA PARA RANDI REJTVENY SCM SPORT SZABAD SZALON TANC TIPP TUDOMANY UK UTAZAS UTLEVEL VITA WEBMESTER WINDOWS