Trading Group's Last Goodbye Overshadowed by Gulf PERSPECTIVES ON EASTERN EUROPE
Bourne, Eric, The Christian Science Monitor
LIKE the recession in the West, a pending event of considerable economic significance for the former Soviet bloc has been overshadowed by news from the Gulf.
The Soviet and East European prime ministers are set to meet in Budapest later this month to write off 40 years of vain effort by the Soviet Union to match the West economically.
It will be a last good-bye to Comecon, the closed, Soviet-led trading system that collapsed when Eastern Europe seized independence a year ago.
It won't be a tearful farewell. Soviet leader Mikhail Gorbachev will be as glad as anyone to see the back of the Council for Mutual Economic Assistance, as the group is formally …
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Publication information: Article title: Trading Group's Last Goodbye Overshadowed by Gulf PERSPECTIVES ON EASTERN EUROPE. Contributors: Bourne, Eric - Author. Newspaper title: The Christian Science Monitor. Publication date: February 13, 1991. Page number: 3. © 2009 The Christian Science Publishing Society. Provided by ProQuest LLC. All Rights Reserved.
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