THE ECONOMY
East German Economy Improves: The Berlin government reported a 7% rise in first-quarter industrial production in former East Germany, the first increase since the calamitous decline that followed German unification. Virtually all sectors of the Communist-run East German economy suffered when the West German currency was introduced in the east in July, 1990. Industry suffered a second blow when its old East Bloc customers evaporated with the end of the Soviet-run Communist trading system. The new statistics showed that the government’s $56-billion development campaign, called Upswing East, had finally achieved a hint of success.
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