POLAND: FINANCING PROBLEMS

Created: 6/10/1981

OCR scan of the original document, errors are possible

esult of delays and uncertainties associated with rescheduling, the Polish party Central Committeestrongly favorsive-year moratorium on debt payments.

Xf the banks agree to reschedule virtually all of the principal owed to them or continue to honor themoratorium on principal reoayments, Poland will still need an1 billion to meet itsthis year. Despite the hera line being taken by lenders, this gap probably can be bridged. *BsV

Western creditors may provido new loans to avert the damaging impactefault or the disruptions that would result if Warsaw had to balance its accounts with the west. Despite its present tough lino, Moscow may eventually agree to extend further assistance.

Approved for Release Date AUr

Original document.

Comment about this article or add new information about this topic:

CAPTCHA