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Following the missiles, fear and alarm. "The second cold war has begun," shrilled the Italian weekly Panorama. French President François Mitterrand warned that the situation was comparable in gravity with the Cuban missile crisis of 1962 or the Berlin blockade of 1948-49. American Sovietologist Seweryn Bialer, who has just returned from Moscow, where he had extensive interviews with Soviet officials, observes that "a test is coming between the superpowers. The Soviets are frustrated, angry. They have to reassert their manhood, to regain the influence in the international arena that today only America enjoys...

Author: /time Magazine | Title: Men of the Year: Ronald Reagan & Yuri Andropov | 1/2/1984 | See Source »

...single item of their long agenda. The key obstacle: the threat of bankruptcy for the Community unless there is an increase in member contributions to its common budget ($22.5 billion in 1983) or a scaleback in an expensive ($14.3 billion this year) agricultural subsidy policy. Said French President Francois Mitterrand: "Europe knows, in all clarity, that it is in crisis...

Author: /time Magazine | Title: Summits,Venezuela: Aggravation in Athens | 12/19/1983 | See Source »

...insistent demands for "my money," or what she considers an acceptable rebate on her country's outsize contribution ($1.7 billion more than Britain received this year vs. an even balance for France) to the Community budget. The British, in turn, zeroed in on what they saw as Mitterrand's intransigence in refusing to address the long-term financial problem caused by heavy subsidies to the Community's 8 million farmers. West German Chancellor Helmut Kohl avoided the search for scapegoats but observed, "We must grasp that a Europe divided and exhausted by renewed nationalism will exert...

Author: /time Magazine | Title: Summits,Venezuela: Aggravation in Athens | 12/19/1983 | See Source »

From the beginning, Thatcher had made it clear that she would use the bankruptcy threat as a bargaining weapon Mitterrand was offended by that tactic as well as by Thatcher's "statistical" approach to problems that he regards as essentially political. Said a French spokesman on the summit's first day: "We were impressed by the rigidity of the British representatives, while the other nine showed a sense of open-mindedness." Replied a British spokesman: "I'm sure that is what Napoleon thought before the Battle of Waterloo." Delving deeper into the history of hostility between...

Author: /time Magazine | Title: Summits,Venezuela: Aggravation in Athens | 12/19/1983 | See Source »

Elsewhere there was mostly hostility. French President François Mitterrand's government denounced the Denktash decision "without reservation." Declared Mitterrand coldly: "I don't think that the great powers want to involve themselves in this issue and thereby place an additional burden on those matters already in dispute." British Prime Minister Margaret Thatcher suggested that, as the guarantors of Cyprus' independence under the 1960 treaty, Britain, Greece and Turkey discuss the problem. Greece, however, objected to face-to-face talks with Ankara, forcing Thatcher to seek a compromise formula for negotiations. The issue ultimately went before...

Author: /time Magazine | Title: Cyprus: The Reversible Republic | 11/28/1983 | See Source »

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