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...delays, Western bankers and representatives of the Polish government finally signed an agreement last week that permitted Poland to stretch out the payment of $2.4 billion in loans, which were actually due last year. The solemn signing at the glass-and-aluminum-sheathed headquarters of the Dresdner Bank in Frankfurt removed one obstacle to the start of talks on extending the deadline on $4.6 billion that Poland is scheduled to repay banks and governments this year...

Author: /time Magazine | Title: The Financial Perils of Poland | 4/19/1982 | See Source »

...Frankfurt pact is unlikely to mean renewed Western lending to the rest of financially strapped Eastern Europe. The Soviet bloc owed the West some $80.7 billion at the end of 1981, up 11.4% from 1980. Major debtors include Rumania, Hungary and the German Democratic Republic. Rumania, which owes $9.6 billion, missed an agricultural-loan payment of $5.5 million earlier this year, but it has since been paid...

Author: /time Magazine | Title: The Financial Perils of Poland | 4/19/1982 | See Source »

...deputy chief of staff for logistics and administration and the highest ranking U.S. officer at NATO's Southern Europe land forces headquarters in Verona, recovered with remarkable speed. At Padua police headquarters, the Florida-born career soldier insisted, "I'm fine," and called his wife Judith in Frankfurt, where she was visiting her daughter Cheryl, 24, an Air Force second lieutenant. Then he called his boss, Admiral William J. Crowe, commander of NATO'S Southern Region. Speaking by telephone to U.S. Ambassador Maxwell Rabb in Rome, Dozier recounted the final seconds before he was freed. Said...

Author: /time Magazine | Title: Terrorism: Police! Marvelous! | 2/8/1982 | See Source »

...first large gathering of the peace movement in West Germany since the military takeover in Poland, the Max Planck Institute's Alfred Mechtersheimer argued in Frankfurt two weeks ago that the Polish crisis has "enlarged the danger of war," but not so much because of what the Communists had done. The real problem was U.S. willingness to "take risks" in reacting to the crisis and "make every political crisis a potential point of departure for war in the erroneous belief that a nuclear war may be both conducted and limited...

Author: /time Magazine | Title: No Marching in the Streets | 2/1/1982 | See Source »

Next year the museum will show a collection of its twentieth century art in the Stadter Art Museum in Frankfurt...

Author: By Wendy L. Wall, | Title: Busch-Reisinger Gears Up For Capital Fund Drive | 11/5/1981 | See Source »

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