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Prague Seeks Western Markets Under New Economic Plan
Czechoslovakia moves to reform its economy with the New Economic Model. The regime aims to expand foreign trade with the West, loosen state control, curb panic buying over price hikes, and push rapid development alongside a five year plan. A high level mission led by Deputy Premier Otakar Simunek travels to Austria to explore Western markets.
MENTIONED IN THIS ARTICLE
Hans Benedict
Vienna
Austria
Czechoslovakia
Western
Europe
Prague
East Germany
Hungary
Otakar Simunek