The Archive · 1940

Hungary Becomes New Centre of Balkans

Reich, Italy, Yugoslavia, Rumania Seek Favours Budapest, May 4.

Hungary has now become the centre of economic negotiations in the Balkans. These negotiations are taking place simultaneously with Germany, Yugoslavia, Italy, and Rumania, The German economic expert, Dr. Karl Clodius, arranged before his departure for Rumania that economic conversations be continued with the Hungarian Trade Minister, M. Varga.

The delivery of Rumanian timber to Hungary within the framework of the clearing agreement signed between the two countries is now the subject of negotiations between Budapest and Bucharest, "Hungarian delegates to the international fair in Belgrade established contact with Yugoslav ofücials with view to increasing trade exchanges between the two countries.

Finally, the presence here of the Italian Minister of Communications, Signor Host Venturi, hae resulted in an exchange of views concerning the delivery of Hungarian coal to Italy.—Havas.

Spain's Desire to

Text read from the printed page and cleaned; old type leaves the occasional error.

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