Czech outlook grim
NZPA Prague Czechoslovakia’s economic situation is grim, and citizens are likely to feel the pinch, President Lubomir Strougal said in a speech before the Communist Party leadership. His statements, carried, by the official C.T.K. news agency yesterday, suggested that his country may be feeling the ripples from the
J economic difficulties of other c Eastern bloc countries, its s main trading partners. L Poland has cut its coal []’, exports to Czechoslovakia by e two-thirds, unofficial sources said. Mr Strougal said that y i oil purchases, mostly from s the Soviet Union, were down d 12 per cent, and Rumania e has stopped exporting elece tricity to his country.
The Czechoslovak President also said that plans for exports to the West were not realised, and advocated increasing his country’s, share of trade' with Comecon, the Soviet block economic group, now at 63 per cent. -He said he was describing a “complex situation that will be even more complicated in 1982.”
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Press, 2 November 1981, Page 8
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162Czech outlook grim Press, 2 November 1981, Page 8
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