European Stars and Stripes (Newspaper) - September 19, 1994, Darmstadt, Hesse                                Page 16 the stars and stripes Money matters monday september 19, 1994 ayes rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound 1.61 dutch Guilder. 1.69 German Mark .1.51. Nole the. Fates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar. J. Following Are Interbank rates that fluctuate arid should be regarded As the approximate value of the . Dollar to foreign currencies austrian Schilling. 10.904 Bahrain Dinar. 0.37685 belgian franc 31.84 British Pound. 1.564 Canadian Dollar. 1.351 danish Krone 6.1109 dutch guilder1.7370 French franc �,,.��⻻�.�. 5.2965 German Mark 1.5498 greek drachma. 233.05 italian lira. 1,563.50 Kuwait Dinar. 0.2973 norwegian Krone. 6.7963 portuguese escudo. 157.58 saudi rial. 3.7502 Spanish peseta 128.53 Swiss franc 1.2883 turkish lira 33,830.00note. Figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $3bi3.25 an ounce. Silver quote $5.39 an ounce sources merchants National Bank amp Trust go a and the associated press German airline is restructure Frankfurt Germany a German National airline Lufthansa said it is restructuring under a plan that will create three Independent units and shift the Parent company a management design. The new units a Lufthansa freight a cargo unit Lufthansa Technics the airlines former technical unit and Lufthansa systems a data processing unit a will be in place by Jan. I the company said. Lufthansa f Reight will have 4,300 employees Lufthansa Technics 10,000, and Lufthansa systems 1,100, the company said in a statement. The Parent company is to retain some 24,400 employees. At the Parent company a new operations department will do created from the merger of the technical and flight operations units. The department will be led by Klaus Nittinger the management shift will leave Lufthansa with two operational departments a passage and operations a and three Central departments a managing directorship finance and personnel. The flagship airline recently completed a a Long planned agreement with United airlines that became effective in june expanding Lufthansa a Access to the . Market. Booming Eastern Germany touted As tops Leipzig Germany apr Eastern Germany has the fastest growing Economy in Europe and is a Choice place to do business american and German speakers said saturday. German economics minister Guenter Rexroat praised some 250 . Companies for investing 6 billion Marks about $4 billion in the former communist re Gion since German reunification in 1990, and said there were still a attractive investment  Louis r. Hughes president of general motors Europe said the . Automaker was a More than satisfied with its new factory in Eisenach making opel cars. A we can Only encourage other american companies to come Over and share our experience Here a he said. Hughes and Rexroat were featured speakers at a two Day conference sponsored by the . Embassy in Germany on american economic engagement in Eastern Germany and the bordering countries in Eastern Europe. Officials from Poland and the czech Republic also attended the sessions in the Eastern City of Leipzig some 112 Miles South of Berlin. The Gross Domestic product in Eastern Germany is expected to grow 9 percent to 10 percent this year Rexroat said making it a the number one growth Region in  economic output plunged after German reunification but has been growing briskly for two years. Problems Are still numerous and unemployment is High in the Region leading to social strains blamed for causing some Neo nazi violence. The pm executive said that a highly motivated workers at the new Eisenach factory Are producing opel compact cars in Only 60 percent of the average time at most other european Auto plants. Pm was investing 1.3 billion Marks $860 million this year to make plants in Western Germany per form like the new one in Eisenach Hughes said. Among foreign countries . Investment in Eastern Germany is second Only to French investment. Germany still has to invest an estimated 5.00 billion Marks $330 billion on infrastructure in Eastern Germany until 2010, the economics minister in Brandenburg state which surrounds Berlin told the conference. A there arc great business opportunities for anyone who wants to get involved a said the minister Walter Hirche. Drilling for dollars  Oil rigs Drill away in the South China scatty flames flaring from the he into. Miles Southeast of the vietnamese port of Vung Tau. The com burning off of natural Gas which ? d Are created by the Pany a vice Namoc russian jail a Turc has 10 fixed plat with the o.  Juan rtr"c<1 forms at work in the seats Bach to while Tiger Oil Field. The petrodollars. Common St Vietnam a Only source of Delta British airways to beef up images in Europe to n Don a p v it a a n Iril it flu lo4ir�i 411< to Wuolu w in Towli 1 a a. _ a London apr Ras airlines Fly toward the lean Winter season two of the big players in Europe unveiled plans to polish their images. Delta air lines still struggling to get its name known in Europe after buying the remnants of pan am a route system three years ago launched a $24 million television and newspaper advertising Campaign. British airways on monday unveiled $105 million in planned improvements on european flights including More room Lor business travellers who for years have paid High prices for the same sized seats As everybody else. British airways also promised that flights into France Germany and Italy will contain at least one Crew member who Speaks those languages. I he face lists reflect an Era of growing Competition in the european Union As it moves toward greater airline a deregulation. In the Case of British airways it also underscores the threat of additional Competition. Trains Are due to Start taking London Paris and London Brus Sels Belgium passengers through the Channel Tunnel presumably without the delays and cramped seating that leave air travellers grumbling. Delta has a More fundamental problem. Ever since it purchased pan american world airways routes to about three dozen european cities in a $460 million Deal nobody in Europe seems to know who the Atlanta based Carrier is. Delta chairman Ronald Allen recalled a recent encounter with the chief executive of a Large German company who asked for advice on reaching a destination in the United slates. Fly Delta Allen suggested pointing out that his Carrier is the second largest in Germany after Lufthansa a a fact the executive did t realize. A we need As much help As we can get in this regard a Allen told a news conference. A Delta is somehow perceived As not a businesspersons  one thing advertising cannot cure will be Delta Slack of London new York flights. Many big International companies will not hand bulk business to a Carrier that cannot Fly Between those two key cities. United airlines and american airlines Are the Only . Carriers that have those rights. A set tried t0lbuy its Way into London a Heathrow a report by purchasing Large blocks of seats on British Carrier Virgin Atlantic airways but the . Govern Stet �ho1 Quot a 1 Lac Pla Quot a Quot do a a Bee Quot up in Quot As different problems in Europe. Although it is Well known and operates Small regional Smirk France its business class Cus Little were paying too much for too m11 business travellers have in the past gotten no p do ser Yedd even from us a the carriers inn Fob if a 9r�up Mana sins director Robert Ayling told a separate news conference. Ihn.v"1�3 busts impel or might a to More than a flex e once la a cd caper Scab seals them within Europe Quot a b,g8cr a Quot 15ri,ish airways flights Quot re or Quot Ive ils High Quot hers a mile More Cut of room putting five seats abreast instead of six