Word: czechoslovakias
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...Year's Eve in Prague, a city intoxicated with a sense of liberation, the cobblestones of Wenceslas Square were drenched with champagne. On New Year's Day, the city and all of Czechoslovakia started to sober up. "For 40 years you have heard on this day from the mouths of my predecessors . . . how our country is flourishing, how many more millions of tons of steel we have produced, how we are all happy, how we believe in our government," the newly elected President Vaclav Havel told the nation. "I assume you have not named me to this office so that...
...open up centrally planned economies has turned into a race for aid and investment. The competition, however, is hardly one among equals. Hungary, for example, is somewhat chagrined because its slow and steady revolution from above -- parliamentary elections are set for March 25 -- has put it behind Poland and Czechoslovakia in dislodging communists from the government. This pace of change has caused a partial dimming of the country's image as a pathbreaking reformer. And its position, oddly enough, seems to have worsened because of the pro-democracy upheaval in East Germany. Budapest fears that much of the investment...
Wherever they are on the paths to reform, most countries in the region stand to gain if Czechoslovakia's effort to revamp or abolish Comecon makes any headway at the organization's meeting in Sofia this week. Since intra-bloc commerce claims an average of 70% of each country's trade, replacing the noncompetitive barter system with bilateral, hard-currency agreements could free industries to turn their attention to non-Comecon nations. Historically, the Comecon system has encouraged inefficiency, low-quality production and poor planning. "It made each country in the bloc more anxious to consume than to produce," says...
Colonel John Bourgeois and the U.S. Marine Band are up to speed on the national anthems for Poland and Rumania, but they have some polishing to do on Hungary, East Germany, Bulgaria, Czechoslovakia and, who knows, maybe Albania. The way things are going, figures director Bourgeois, the leaders of those nations will sooner or later show up at the White House for a state function, and the President's own band will have to tootle them down the red carpet...
...reviled patrician, suppressed playwright and jailed dissident, the symbol of his nation's revolution takes over as Czechoslovakia's President...