Volume 37, Number 19 · December 6, 1990
The Day Budapest Shut Down
By George P. Fletcher
The last week of October began in Budapest with a three-day celebration honoring the 1956 uprising against Soviet occupation. It ended with three days of angry confrontation between a union of taxi drivers and the government over an official decree raising gas prices by 76 percent. Moscow had shut off the pipeline that carries oil from the USSR to Hungary. With the government forced to buy oil on the market at higher prices, so the economic officials said, in order to make up the difference gas in Hungary would now be raised to about $3.90 per gallon at the current exchange rate, more expensive than in Austria.
Feature, 1074 words
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