April 20, 1958

GREECE-USA: American Ambassador James Riddleberger has given an interview to the Greek-American newspaper in New York The Atlantis on Greece’s industrial progress. The ambassador said that although industrial recovery has been strong in recent years, it is doubtful whether the country’s economy had reached the point that would encourage hopes for industrial autonomy in the near future. The lack of heavy industry or even what could be called major industrial development would appear to rule out such a possibility. However, added Riddleberger, there were many indications of industrial progress and a definite expansion of Greek industry. He also confirmed that the country’s reconstruction with the use of American aid had been impressive considering the chaotic situation that followed the wars. The food situation had greatly improved, the currency was stable, the balance of payments encouraging, and the degree of cooperation between the Greek and the American governments in their attempts to restore the country’s economy was from certain viewpoints extremely impressive. MAURICE GUSTAVE GAMELIN: Paris, 18 – It has been announced that General Gamelin, head of the French armed forces in World War II, died this evening.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.