CURRENT INTELLIGENCE BULLETIN - 1955/09/30

Document Type: 
Document Number (FOIA) /ESDN (CREST): 
03000963
Release Decision: 
RIPPUB
Original Classification: 
U
Document Page Count: 
7
Document Creation Date: 
September 20, 2019
Document Release Date: 
September 26, 2019
Sequence Number: 
Case Number: 
Publication Date: 
September 30, 1955
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PDF icon CURRENT INTELLIGENCE BULL[15721943].pdf148.47 KB
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Approved for Release: 2019/09/16 7/713/747A WOZI/OrM4 3.3(h)(2) 3.5(c) /4 / 30 September 1955 Copy No. 99 CURRENT INTELLIGENCE BULLETIN DOCUMENT NO es - NO CHANGE IN CLASS. n DECLASSIFIED CLASS. CHANGED TO: TS S C NEXT REVIEW DATE- 2 0/C AUTH: HR 70-2 401 DATE:a so REVIEWER: )fr Office of Current Intelligence CENTRAL INTELLIGENCE AGENCY TOP SECRET /7 4, 'Approved for Release: 2019/09/16 C03000963 Approved for Release: 2019/09/16 C03000963 Nwoi Approved for Release: 2019/09/16 C03000963 Approved for Release: 2019/09/16 C03000963 OLLA....n.Li NON* CONTENTS 1. GREEK KING PLANS TO REPLACE PRIME MINISTER PAPAGOS (page 3). 2. EGYPT REPORTED PROMOTING SYRIAN AND LEBANESE PURCHASES OF SOVIET ARMS (page 4). 3. EGYPT REQUESTS COAL FROM COMMUNIST CHINA (page 5). 4. BONN'S DEFENSE BUDGET INDICATES REARMAMENT SLOWER THAN PLANNED (page 6). 30 Sept 55 Current Intelligence Bulletin Page 2 TOP SECRET Approved for Release: 2019/09/16 C03000963 Approved for Release: 2019/09/16 C03000963 I 01.:A....11.1:4 1 1. GREEK KING PLANS TO REPLACE PRIME MINISTER PAPAGOS King Paul is insisting on the ap- pointment of a new prime minis- ter to replace ailing Marshal Papagos, The king suggests that if Papagos refuses to resign and name a successor, the cabinet should resign and propose a new prime minister or permit the king to choose one. Minister of Public Works Con- stantine Karamanlis believes Papagos will nominate Foreign Minister Stephanopoulos to head a caretaker government. Comment Any new government sponsored by the Rally is unlikely to gain popular support or reverse the trend of Greek public opinion toward neutralism. The king apparently hopes elections can be avoided until popular passions arising from the Cyprus issue have subsided and un- til ICaramanlis can create a strong center party capa- ble of being elected. 30 Sept 55 Current Intelligence Bulletin Page 3 TOP SECRET Approved for Release: 2019/09/16 C03000963 Approved for Release: 2019/09/16 C03000963 ur onuttr, Nu" 2. EGYPT REPORTED PROMOTING SYRIAN AND LEBANESE PURCHASES OF SOVIET ARMS Soviet Union, The Egyptian military attache in Damascus has recently ap- proached military officials in Syria and Lebanon regarding the purchase of arms from the according to the American army attache. Comment Egypt's interest in obtaining military equipment for Syria and Lebanon would be in line with its desire to main- tain its leadership in the Arab world. the Saudis have sought Egypt's aid in ob- taining arms in Europe. Press reports indicate that an Egyptian delegation is to spend three days in Syria on its way to Prague to discuss arms for Egypt. One of the delegates mentioned has headed economic missions to Eastern Europe and Moscow. 30 Sept 55 Current Intelligence Bulletin Page 4 TOP SECRET Approved for Release: 2019/09/16 C03000963 Approved for Release: 2019/09/16 C03000963 A I NiOr 3. EGYPT REQUESTS COAL FROM COMMUNIST CHINA The closer economic contacts with China recently reflected in the purchase of Chinese steel reinforcing rods are an outgrowth of last April's Bandung conference, where Chou En-lai and Premier Nasr indicated an interest in the development of further contacts between their countries. (Concurred in by ORR) 30 Sept 55 Current Intelligence Bulletin Page 5 TOP SECRET Approved for Release: 2019/09/16 C03000963 Approved for Release: 2019/09/16 C03000963 �..." I 6.-/ 4.4 A I.. 1-4-3- *moil 4, BONN'S DEFENSE BUDGET INDICATES REARMAMENT SLOWER THAN PLANNED Despite Chancellor Adenauer's recent public statement in support of rapid rearmament, the position of his gov- ernment on defense expenditures makes it ppear that the prospective build-up will be slow, ac- cording to Ambassador Conant. On 28 September the Bonn Foreign Ministry notified the American embassy that the government intends to spend approximately 2. 3 billion dollars annually on the new army and that this sum will probably not be increased until after the 1957 federal elections. Conant observes that such a program would leave a large gap between Bonn's total defense bill and the outlays necessary for the planned three-year build, up. Comment Discussions sn the rate and magni- tude of German rearmament are now being held in Bonn and in Paris in connection with the NATO annual review. Bonn's Defense Ministry, with Adenauer's ostensible support, strongly advocates a three-year build-up. The chancellor, however, has not opposed the actions of the Finance Ministry, which is intent on stretching out the build-up period to five or six years so as to keep defense expenditures low. Bonn's contemplated expenditures are less proportionately than the defense expenditures of other major NATO countries. 30 Sept 55 Current Intelligence Bulletin Page 6 TnP .c1rTRET Approved for Release: 2019/09/16 C03000963