Bush slashes 70 percent of Poland's debt to U.S.

Chicago Sun-Times | March 21, 1991| | Copyright

WASHINGTON President Bush welcomed Poland's Lech Walesa on Wednesday by wiping out 70 percent of his struggling nation's debt to the U.S. government and urging businesses in this country to invest there.

"We want your economic transformation to succeed, your new democracy to flourish," Bush told the former shipyard electrician and Solidarity union leader, who three months ago became Poland's first freely elected president.

Walesa, looking out over a White House South Lawn ceremony of military pomp and music, beamed at the news of the reduced debt burden and concluded his own welcoming ...

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