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1994-08-29
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1 RFE/RL Daily Report - 29 August 1994 (mind)  62 sor     (cikkei)

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RFE/RL Daily Report
                   no. 163, 29 August 1994


COMMANDER OF TROOPS IN GERMANY PROMOTED. The last commander of
Russian troops in the former East Germany--Colonel General Matvei
Burlakov--was appointed a deputy minister of defense on 26 August
by Russian Defense Minister Pavel Grachev. According to Interfax,
Grachev was acting on a presidential edict. Burlakov took command
of what was then the Soviet Western Group of Forces in December
1990. Before that, he had supervised the Soviet military's
withdrawal from Hungary as commander of the Southern Group of
Forces. Several publications had recently touted him as being in
line for a top military post.  Doug Clarke, RFE/RL Inc.


COMMEMORATION OF SLOVAK NATIONAL UPRISING. Slovak and
international media reported on 27 August that top officials and
representatives from more than 22 countries gathered in Banska
Bystrica, central Slovakia, to commemorate the 50th anniversary of
the Slovak uprising against Nazi Germany. Slovak President Michal
Kovac told the crowd of some 15,000 people that the legacy of the
1944 uprising was still significant today, when what he called
"forces of extreme nationalism, intolerance, xenophobia and
anti-Semitism" were seeking to gain ground in the region and
elsewhere in the world. Those attending included the presidents of
Bulgaria, Slovenia, Hungary, Poland, and the Czech Republic; the
prime ministers of Ukraine, Belarus, and Romania; official
representatives from the US and Russia; and many veterans. The
uprising, which began in August 1944 and was put down by the Nazis
two months later, cost more than 10,000 lives. Also on 27 August,
the six presidents discussed European integration and regional
issues. The commemoration continued the next day.  Jiri Pehe,
RFE/RL Inc.


HUNGARIAN TREASURY BONDS UNDERSUBSCRIBED. MTI reported on 26
August that of the treasury bonds totaling 10 billion forint ($93
million) that went on sale that day, only 1.7 billion were sold.
The bonds, with a three-year maturity, were offered to domestic
institutions only by the Ministry of Finance. The
undersubscription demonstrates the continuing financial
uncertainty caused by the large budget deficit, which is planned
to reach $3 billion in 1994.  Karoly Okolicsanyi, RFE/RL Inc.


BALANCE-OF-PAYMENT DEFICIT REACHES $1.9 BILLION. MTI reported that
at the end of June Hungary's balance-of-payment deficit reached
$1.9 billion, climbing $526 million in that month alone. One
reason for the high deficit was that companies postponed reporting
their export income, in expectation of the devaluation of the
forint. It was also reported that hard-currency reserves reached
$6 billion by June. During the same period, $535 million in
foreign direct capital flowed into Hungary and the total foreign
debt grew to $26.6 billion.  Karoly Okolicsanyi, RFE/RL Inc.


[As of 1200 CET] 

Compiled by Jan Cleave and Penny Morvant
Copyright 1994, RFE/RL, Inc. All rights reserved.


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