Word: fractions
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Dates: during 1990-1999
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Inflation worries arise because state subsidies in the G.D.R. kept many prices artificially low. Rent and the costs of basic foods and public transport typically were a fraction of those in West Germany -- less than one- fifteenth in the case of rent. On the other hand, consumer durables were outrageously overpriced -- and an open market will bring them down...
...higher than they otherwise would have been, although Friedel Neuber, chairman of the WestLB bank says, "East Germany's capital requirements don't necessarily need to result in higher interest rates." West Germany, a major capital-exporting country, last year shipped about $60 billion abroad. A diversion of a fraction of that to East Germany would meet most immediate needs. Meantime, the addition of a large, lower-paid work force should slow wage rises in West Germany and boost profits...
...that former owners may reclaim businesses seized by the Communists; about 50,000 petitions are expected. State-owned enterprises have been placed under the control of a new government authority, the Treuhandanstalt, which will liquidate uneconomic plants and shift viable businesses toward private enterprise. So far, however, only a fraction of the 9,000 or so targeted firms have been privatized...
...young, the U.S. troops are only an unwelcome tool of American colonialism. Although radical students constitute a mere fraction of the population, their xenophobic views -- blaming the U.S. for everything from the % slow pace of democratization to the country's economic problems -- are winning sympathy from a growing number of Koreans...
...MacCready's fascination with flight, aircraft account for only a small fraction of the total business of AeroVironment Inc. The company, which he founded in 1971 with fellow Caltech aeronautical engineers Tombach and Peter Lissaman, derives most of its annual $17 million revenue from the monitoring and control of air pollution and hazardous wastes. One current contract, for example, involves determining the contribution of Arizona's giant coal-fired Navajo power plant to the haze that sometimes hampers visibility around the nearby Grand Canyon...