Budapest, July 10, Trade circles here are following Britain's economic activity in Central Europe with keen interest, although they express scepticism regarding the press reports of an eventual British loan to Hungary.
They stress that the Hungarian producers of wheat and other grains are protected from world price fuctuaticns owing to special rates granted by Italy and Germany, thu: constituting a serious obstacle for the export of these products to England.
The British market, which absorbs 7 per cent. of Hungary's exports and furnishes 6 per cent. of the latter's imports, remains, however, an important factor in Hungary which could develop considerably the export of goods the prices of which are not controlled by the State, if England were to grant financial aid and if Hungary accepted it, Hungary, on the other hand, is closely.tied to Germany in an economic sense as 53 per cent. of her exports go to the Reich, and she must not cause any irritation to the Germans in the reinforcement of British economic activity in Central and South-Eastern Europe—Havas,
Text read from the printed page and cleaned; old type leaves the occasional error.