Word: modrow
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East German Premier Hans Modrow delivered the keynote speech to the congress and echoed other calls for Communist Party unity...
...allow the party to be broken, to go under, but let's make it clean and strong," Modrow said as the 3000 delegates applauded...
...Modrow, one of the few Communists to enjoy popularity, also ruled out reunification of the two Germanys...
...fresh threat to his political survival. The opening of the borders to the West, for example, permitted a torrential outflow of East German marks, carried out by citizens who at last could use them, even at absurdly low rates, to buy something -- in the West. Fretted Prime Minister Modrow: "East Germany must not become a nation of speculators." The government's bewilderment underlined the problems encountered by a Communist leadership, albeit a reform-minded one, in coming face to face with the complexities of capitalism. Within a matter of days, the East German currency -- officially at parity with the deutsche...
...halt speculation, Modrow announced strict customs controls on the borders with the West. But East Germany's monetary crisis is likely to worsen, thereby increasing dependence on the deutsche mark -- and West Germany. Bonn, in the meantime, is withholding its promised assistance until it is convinced that East Berlin will introduce concrete and irrevocable reforms...