RFE/RL Daily Report
No. 158, 22 August 1994
CENTRAL EUROPEAN PRESIDENTS MEET IN AUSTRIA. The presidents of
Austria and its neighbors began a two-day summit in Albach on 21
August, devoted to minority issues, regional security, and the
Eastward expansion of the EU. The nine countries represented are:
Austria, Germany, Liechtenstein, Italy, Switzerland, Slovakia, the
Czech Republic, Slovenia and Hungary. Jacques Santer, who will
become president of the EU Executive Commission next year, is also
present. Austrian President Thomas Klestil opened the meeting by
urging gradual entry of East European countries into the EU,
saying that if the EU "does not face this challenge," it "would be
condemned to fail," international media reported. Sharon Fisher,
RFE/RL, Inc.
HUNGARIAN ECONOMIC CHAMBER CRITICIZES GOVERNMENT. In a joint
statement issued on 19 August the Hungarian Economic Chamber and
the Employers' Federation criticized the Hungarian government for
failing to institute measures to spur economic growth, MTI
reports. According to representatives of the two organizations,
the government's measures focus one-sidedly on reducing the budget
deficit and do not outline a strategy for economic growth that
would enable entrepreneurs to plan for the 1995 business year. The
current restrictive economic policy, which seeks to reduce
internal consumption, keep interest rates high, and increase
taxes, will bring only temporary and artificial relief, the
organizations warned. They stressed that economic growth is the
driving force behind an economic recovery, and declared that they
will oppose the introduction of central wage controls in the
upcoming talks on a "social pact" between the government, workers,
and employers. Edith Oltay, RFE/RL, Inc.
[As of 1200 CET]
Compiled by Liz Fuller and Anna Sabbat-Swidlicka
Copyright 1994, RFE/RL, Inc. All rights reserved.
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# 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.
#
# A kereskedelmi bankok arfolyamsavjai/Rates of commercial banks
# vetel/BUY eladas/SELL (HUF)
# USD 103-105 109-112
# DEM 66-68 70-72
#
# VALUTA; ATLAG; VETEL; ELADAS; EGYSEG; MEGJEGYZES
# TYPE; MEAN; BUY; SELL; UNIT; REMARKS
DATE=1994-AUG-19
UNIT=HUF
SOURCE='NAPI Gazdasag, 1994-AUG-22, p.11'
GBP; 167.22; 165.92; 168.92; 1; angol font (skot es eszakir is)
AUD; 79.84; 79.32; 80.66; 1; ausztral dollar
BEF; 340.07; 336.99; 342.49; 100; belga (es luxemburgi) frank(100)
DKK; 17.68; 17.54; 17.84; 1; dan korona
FIM; 21.27; 21.02; 21.36; 1; finn marka
FRF; 20.43; 20.26; 20.60; 1; francia frank
GRD; 0.00; 45.86; 46.66; 100; gorog drachma(100) (atlagar nincs)
NLG; 62.47; 61.91; 62.95; 1; holland forint
IEP; 164.92; 163.67; 166.47; 1; ir font
JPY; 1099.10; 1088.50; 1107.10; 1000; japan jen(1000)
CAD; 78.62; 77.64; 79.16; 1; kanadai dollar
KWD; 363.16; 359.52; 366.18; 1; kuvaiti dinar
DEM; 70.16; 69.57; 70.77; 1; nemet marka
NOK; 15.93; 15.81; 16.09; 1; norveg korona
ITL; 68.66; 68.15; 69.37; 1000; olasz lira(1000)
ATS; 997.23; 988.88; 1005.58; 100; osztrak schilling(100)
PTE; 68.31; 67.32; 68.46; 100; portugal escudo(100)
ESP; 83.70; 82.93; 84.39; 100; spanyol peseta(100)
CHF; 83.56; 82.91; 84.23; 1; svajci frank
SEK; 14.01; 13.89; 14.13; 1; sved korona
???; 27.50; 0.00; 0.00; 1; tr. es cl. rubel (van jele?)
USD; 108.04; 107.02; 109.02; 1; USA-dollar
XEU; 133.19; 132.07; 134.31; 1; European Currency Unit (ECU)
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