• Short Summary

    INTRODUCTION Poland reached an agreement with the West on Monday (27 April), delaying repayments of some of its most urgent debts in an effort to ease the country's crippled economy.

  • Description

    PARIS, FRANCE


    1.
    CU Polish director of Finance Ministry Zvigniev Krzak signing agreement ZOOM OUT TO French Finance Minister Rene Monory signing agreement
    0.37


    POLAND:


    2.
    CU INTERIOR Mine workers digging for coal (2 shots)
    0.40

    3.
    GV ZOOM OUT FROM Large factory chimneys
    0.45

    4.
    SV Bulldozer moving earth
    0.48

    5.
    SV People walking in street past shops (3 shots)
    1.04

    6.
    GV Foreign trade building. People walking in corridors
    1.12

    7.
    CU Sign--General Electric, PAN TO woman working at desk
    1.20

    8.
    SV People buying food
    1.25

    9.
    SV Farmer with horse in field
    1.33

    10.
    GV Crowds outside employment exchange
    1.38




    Initials BB



    TELERECORDING

    Script is copyright Reuters Limited. All rights reserved

    Background: INTRODUCTION Poland reached an agreement with the West on Monday (27 April), delaying repayments of some of its most urgent debts in an effort to ease the country's crippled economy.

    SYNOPSIS: Signing the agreement in Paris was the Polish Finance Minister, Mr. Marian Krzak, and representatives of the 15 main creditor countries, led by the French Economics Minister, M. Rene Monory. Mr. Krzak said the signing meant Poland could maintain economic co-operation with the West. Ninety percent of Poland's debts for 1981 will be rescheduled or refinanced, so it can borrow money for food and raw materials. Mr. Krzak said the agreement would be followed by other measures to lift Poland's economy, which is under increasing strain.

    But the hardship continues. Calls for a shorter working week in the Polish mines have meant coal exports have almost stopped, with widespread power cuts predicted.

    Across the country, people are resigned to more suffering until the government finds ways to improve conditions. Recent political unrest has distracted attention from economic reform, but officials in Paris said a full economic report would soon be published. Exports were down 28 percent for the first quarter of this year, compared with last year, and industrial output has fallen. Large companies like General Electric, which once exported millions of pounds worth of products, are experiencing severe setbacks.

    Meanwhile, food shortages will worsen, with supplies from the West limited. The government hopes to encourage people to work on farms, instead of in overcrowded government offices. In the process of decentralisation, thousands of Poles will be looking for work.

  • Tags

  • Data

    Film ID:
    VLVABH8HTB6QNM370GIBBZ8HO9TD8
    Media URN:
    VLVABH8HTB6QNM370GIBBZ8HO9TD8
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    28/04/1981
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:38:00
    Time in/Out:
    /
    Canister:
    N/A

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