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EUROPE Austria 1,173.8 1,173.8 Belgium-Luxembourg 739.5 1,256.4 1,995.9 Denmark 300,3 605.3 905.6 France 5,175.6 4,262.4 9,438.0 West Germany 4,047 5 951.9 4,999.4 Berlin 131.0 131.0 Iceland 70.2 70.2 Ireland 146.2 146.2 Italy 3,463.3 2,292.5 5,755.8 The Netherlands 1,228.6 1,252.8 2,481.4 Norway 349.8 797.0 1,146.8 Poland 522.6 522.6 Portugal 152.1 336.6 488.7 Spain 1,1736 537.7 1,711.3 Sweden 108.9 108.9 United Kingdom 7,668.2 1,045.0 8,713.2 Yugoslavia 1,703.0 693.9 2,396.9 Regional...

Author: /time Magazine | Title: Nation: WHERE THE MONEY WENT | 3/29/1963 | See Source »

...ascetic is Denmark's Premier Jens Otto Krag, 48. A dashing Dane with a nose for opportunity and an eye for pretty women, he has been married twice: first to Swedish Actress Birgit Tengroth, currently to Danish Movie Star Helle Virkner, who has been named as one of Europe's ten most attractive women...

Author: /time Magazine | Title: Denmark: Cutting Back with Krag | 3/8/1963 | See Source »

...trained economist, Krag insisted that his Draconian measures are essential; more than any other nation in Europe, Denmark had staked its economic future on joining the Common Market along with Britain. When De Gaulle blackballed Britain's membership, France's President shrewdly promised Denmark immediate admission. Krag's reply was sharp and to the point: "We have no wish to be one of President De Gaulle's pieces in the political chess game with Britain. It is important that we keep our two major customers, Britain and West Germany, inside the same organization. It must...

Author: /time Magazine | Title: Denmark: Cutting Back with Krag | 3/8/1963 | See Source »

...Krag's loyalty to his friends abroad hardly allayed his headaches at home. Racked by severe inflation, Denmark last year saw its trade deficit dangerously increased to $486 million, while its currency reserves were cut in half. In the last four years, Danish wages have risen 40%, production less than 20%. The stringent new economic program drew anguished cries from employers and the political opposition, but Krag curtly rejected the traditional Danish compromise. Krag's coalition government can undoubtedly squeeze the bill through Parliament by its usual one-vote majority, and the Danes will have to tighten their...

Author: /time Magazine | Title: Denmark: Cutting Back with Krag | 3/8/1963 | See Source »

...Meteorological Organization, the seven members of the European Free Trade Association met last week to revive a marriage that they would much rather have seen dissolved. Until Charles de Gaulle's rejection of Britain's bid for Common Market membership, most of its EFTA partners (Sweden, Norway, Denmark, Switzerland, Austria, Portugal) had also banked on joining the Six. Instead, as they ruefully surveyed the damage, the Outer Seven seemed farther out than ever...

Author: /time Magazine | Title: World: The Outsiders | 3/1/1963 | See Source »

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