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European Economy and USSR #515798

NBC Evening News for Sunday, Mar 22, 1981
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(Studio) Italy reported devaluing lira; Prime Min. Arnaldo Forlani quoted. Reagan administration concern over effect of Europe's economy problems on its stand against USSR noted.
REPORTER: John Chancellor

(DC) [Richard ALIEN - says Europe is confronted with economy crisis equaling that following World War II.] Allen's prognosis for Europe's future reported; joint congress study of E. Europe's economy problems examined. Indiv. ntns. and their economy status listed; possible snowballing effect of Polish labor unrest considered. [Congress research service spokesperson John HARDT - says problem isn't limited to Poland.] Importance of United States trade to E. bloc noted.
REPORTER: Gene Pell

Reporter(s):
Chancellor, John;
Pell, Gene
Duration:
00:02:30

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