OMRI DAILY DIGEST
No. 13, 20 January 1997
HUNGARIAN PRIVATIZATION PAYOFF TRACED TO COALITION-LINKED COMPANIES. The
ongoing investigation into last year's privatization scandal provides
evidence that parts of the controversial payment by the state
privatization agency to an outside consultant were transferred to
companies linked to the coalition parties, Magyar Hirlap reported on 20
January. The paper cites a letter from the prosecutor-general which says
that Laszlo Boldvai, the Socialist Party's treasurer and a deputy in
parliament, and Gyorgy Budai, an entrepreneur with links to the junior
coalition party, the Alliance of Free Democrats, told consultant Marta
Tocsik last May that she could only keep her $5.1 million commission
from the privatization agency if she transferred 25% of that amount to
each of two companies. According to the paper, the prosecutor-general
has evidence of a series of money transfers between Tocsik and the two
companies and on 19 December requested that parliament waive Budai's
immunity from prosecution. -- Zsofia Szilagyi
OPPOSITION SEEKS DETAILS OF OUT-OF-COURT SETTLEMENT ON GABCIKOVO DAM.
Forty-five public figures have issued an appeal condemning government
efforts to reach an out-of-court settlement in the Gabcikovo dam
dispute, which will soon go before the International Court of Justice in
The Hague, Hungarian media reported on 20 January. Endorsed by such
prominent Hungarians as film director Miklos Jancso and historian Gyorgy
Litvan, the appeal calls on the cabinet to reveal details of the secret
talks it has been holding with Slovakia. The appeal follows Prime
Minister Gyula Horn's 17 January denial of any secret agreement and the
opposition Young Democrats' demand that the secret negotiations stop.
Opponents of an out-of-court settlement fear that a consensus between
Bratislava and Budapest over the dam will only produce an
environmentally damaging solution. -- Zsofia Szilagyi
[As of 12:00 CET]
Compiled by Tom Warner
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#| USD 158-162 168-171 < Rates of commercial banks |
#| DEM 99-101 104-107 < (HUF) |
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#
# VALUTA; DEVIZA; VALUTAVETEL; -KOZEP; -ELADAS; EGYSEG; MEGJEGYZES
# TYPE; OFFICIAL; BID; MEAN; ASK; UNIT; REMARKS
DATE=1997-JAN-17
UNIT=HUF
SOURCE='NAPI Gazdasag, 1997-JAN-18, p.12'
GBP; 278.09; 275.90; 278.58; 281.26; 1; angol (skot,eszakir) font
AUD; 129.31; 128.10; 129.38; 130.66; 1; ausztral dollar
BEF; 503.16; 497.53; 502.68; 507.83; 100; belga (luxemburgi) frank
DKK; 27.21; 27.00; 27.28; 27.56; 1; dan korona
FIM; 34.82; 34.45; 34.80; 35.15; 1; finn marka
FRF; 30.76; 30.46; 30.77; 31.08; 1; francia frank
GRD; 0.00; 65.90; 66.57; 67.24; 100; gorog drachma
NLG; 92.36; 91.33; 92.28; 93.23; 1; holland forint
IEP; 272.02; 269.74; 272.42; 275.10; 1; ir font
JPY; 142.03; 140.44; 141.86; 143.28; 100; japan jen
CAD; 123.93; 122.64; 123.83; 125.02; 1; kanadai dollar
KWD; 552.79; 547.10; 552.43; 557.76; 1; kuvaiti dinar
DEM; 103.73; 102.60; 103.66; 104.72; 1; nemet marka
NOK; 26.34; 25.86; 26.11; 26.36; 1; norveg korona
ITL; 106.80; 105.72; 106.78; 107.84; 1000; olasz lira
ATS; 14.74; 14.59; 14.74; 14.89; 1; osztrak schilling
PTE; 104.18; 103.55; 104.60; 105.65; 100; portugal escudo
ESP; 124.46; 122.97; 124.23; 125.49; 100; spanyol peseta
CHF; 120.03; 118.74; 119.99; 121.24; 1; svajci frank
SEK; 23.79; 23.54; 23.78; 24.02; 1; sved korona
USD; 166.17; 164.47; 166.06; 167.65; 1; USA-dollar
XEU; 201.91; 199.81; 201.85; 203.89; 1; European Currency Unit (ECU)
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