ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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MONEY AND BANKING- Squeezed Dry

the FRG but under US licences, is another story.) US arguments about Western Europe helping to promote the Soviet military effort through credit facilities and technology sales leave the FRG leaders cold. The latter retort that the USSR would keep going ahead with its arms build-up even if it had to resort to further belt-tightening. As for France, its Socialist Party leadership has no intention of subsidising the Soviet army, but it feels that restrictions in East-West relations would do more harm than good to Europe.

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