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SLOVENIAN PRESS REVIEW

Ljubljana, 7 July - VEČER: DEEP WATERS OF DIFFERENCES - The more you own, the more problems you have. This would be the most appropriate characterisation of the meeting of the leaders of the seven most developed countries, which began yesterday in Munich. What the most developed have in common is that practically all of them have great internal problems with themselves. The USA, Canada, Great Britain and Italy have still not freed themselves from the recession, Japan has problems with its foreign trade surplus, and France has to deal with unemployment in spite of its recovering economy, writes Nikola Šoštarič. The seven know perfectly well that their problems could only be solved within a more global framework, which means that they should adopt measures which would live longer than the world market. There will probably be no universal recipe for the revival of the world market, but the bosses of the rich will undoubtedly make some interesting moves, adds the author. In the end he warns that one should take into account that the bosses of the "world's riches" will be extremely careful in using the appropriate measures - in many countries, the most important of which is the USA, elections are closing in, and probably no politician would be prepared to sacrifice his power for the ideal of some world changes which are not the most appropriate for his country, that is, which are not attractive to voters.

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