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News Brief

June 16, 1998
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The U.S. undersecretary of state for economic affairs acknowledged difficulties in the negotiations between Swiss banks and Jewish representatives on a settlement to Holocaust-era claims. But Stuart Eizenstat said he “wouldn’t forecast a demise just yet.” Speaking to reporters in Israel, he said a negotiating session was still scheduled for June 23, but it remained to be seen whether it would be productive. Eizenstat also criticized a Swiss humanitarian fund set up last year to benefit Holocaust survivors, saying he was disappointed that only $11 million had been paid out of the nearly $200 million fund.

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