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Central/East Europe: Economic Summit In Second Day

  • Lisa McAdams

Salzburg, 10 July 1997 (RFE/RL) - Central and Eastern European political and business leaders are set to resume their Economic Summit in Salzburg today.

Our correspondent says discussions on ways to advance economic momentum in a changing Europe are expected. Debates on how best to create a regional market, as well as on security issues after the EU Summit in Amsterdam and the NATO Summit in Madrid, are also expected.

In opening remarks yesterday, Klaus Mangold, the President and Chief Executive Officer of Daimler-Benz, assessed the overall economic situation in Central and Eastern Europe as "positive." Mangold, who chaired the opening plenary, said some developments had been more positive than expected, while others were far less than the international business community would have hoped.

The three-day summit opened yesterday and is sponsored by the World Economic Forum (WEF), a private, non-profit foundation. More than 800 professionals from across the region are attending.