Word: obodowski
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...carrying out the squeeze recommended by NATO. Meeting secretly in Paris late last week, treasury representatives from 16 Western countries decided to suspend all talks on rescheduling of the $3.5 billion due them in 1982. That was bad news for Warsaw. Only a few days earlier, Deputy Premier Janusz Obodowski had declared that Poland needed a yearlong moratorium on all debt payments and a new loan of $350 million. Nor were the latest statistics on the Polish economy encouraging: in 1981 the total value of goods and services produced fell by 14%, while export earnings dropped...
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