Mediterranean Hegemony Road

Ferdinand has no plans to solve the medical problem now. As long as the manufacturing cost cannot be reduced, it is nonsense to talk about this problem. You can't learn from the future, so you can set up an insurance company to deal with it, right?

Economic experts have calculated for a long time that if the insurance company is used to solve the problem of medical treatment, don’t think about the insurance premium being less than 150 levs. This is almost the income of ordinary Bulgarian workers in a month!

If you add up so many people in your family, the income of a worker who does not eat or drink for a year is not necessarily enough to pay insurance premiums. How is this possible?

The high cost of medical care is the focus of the conflict! If you can't solve this problem, you can't succeed no matter how you do it. You can't let the insurance company operate at a loss, right?

On the contrary, pension insurance can be done, but now the pension problem in Bulgaria is not serious, the average life expectancy is only in the fifties, and very few people can live to more than sixty-five years old.

Coupled with the large number of children now, the shared maintenance obligations are not heavy, and this social problem has not been stimulated.

In the Winter Palace in St. Petersburg, Nicholas II was worrying about the loan, and finally let Ferdinand let go, but what to use to persuade the Bulgarian government made him embarrassed.

Due to the intervention of the British and French governments, international consortiums have closed the door of loans to Russia. It cannot be said that at least the Moscow government and the new tsarist government have obtained a lot of international loans, and only Nicholas II is restricted. world government!

I have to say that John Bull's balance strategy is playing smoothly. Now the three governments in Russia have supporters behind the scenes. The British are supporting the new Tsar, the French are supporting the Moscow government, and Bulgaria is on the side of Nicholas II.

Nicholas II asked Paul, a retired diplomat who was proficient in Bulgarian affairs, and asked, Marquis Paul, what conditions do you think we need to make in order for the Bulgarian government to approve this loan!

Marquis Paul, who is over eighty years old, is also very embarrassed. This question is almost to ask again, how much profit must be sold to satisfy Bulgaria's appetite!

After all, he has been a diplomatic ambassador in Bulgaria for 20 years.

Marquis Paul did not disappoint Nicholas II, but he said hesitantly, Your Majesty, Bulgarian political power is still concentrated in the hands of the king. As long as Ferdinand I can be persuaded, this problem can be easily solved!

Nicholas II nodded and continued to ask, What about the specifics? I have dealt with Ferdinand, and I know that he is very respectful and pays attention to reputation. On the surface, his moral integrity is impeccable.

But in fact, he is the master who sees no rabbits and no eagles. He doesn't have enough interests. He has an excuse to refuse this loan!

Even if I asked my sister Xenia to do his work, it would be impossible to succeed in the end. It is estimated that he would throw hundreds of millions of levs over here and announce that he would give it to us!

In the end, Nicholas II was a little self-deprecating. When did the Russian Empire fall to the point where it was necessary to let relatives give money to survive?

I have to say that over time, everyone has studied Ferdinand's character. Although the Bulgarian government had little support for them after the outbreak of the Russian Civil War, the actions of the Bulgarian royal family left the world speechless!

Every year, he provides humanitarian donations to the Russian Empire. In the past few years, he has donated seven or eight times before and after, and the total amount is as high as more than one hundred million leva, which made Nicholas II embarrassed to speak to him.

Of course, Nicholas II also knew that Ferdinand's actions were also to appease the Russian immigrants in the country, or to appease the scientists who were dug up.

Most of these funds were not used in the war, and most of them were used for war aid. As a result, in a few years, Ferdinand, who was already well-known in Russia, became more prestigious!

Although he knew that Ferdinand was bribing people's hearts, Nicholas II would still be grateful to him. Without the funds he invested, his rule would not be as stable as it is now!

Marquis Paul became embarrassed. He did not expect that Nicholas II already knew Ferdinand so well, so he was afraid that it would be impossible to get away with it.

Your Majesty, now we can offer a lot of collateral, but there are not many that can impress the Bulgarian government. If we can't, sell Bessarabia!

Originally, he wanted to talk about Western Ukraine, but seeing Nicholas II's gloomy face, he decisively chose to say only half of the words.

Sure enough, after hearing that it was Bessarabia, Nicholas II's face looked much better. This land was seized from the Ottoman Empire in 1812. The greatest value to the tsarist government was that it could threaten the Romanian region militarily. .

Now Nicholas II will naturally no longer think about how to threaten the Romanian region. He is too busy with his own affairs. How could he go to spy on the Romanian region?

Nicholas II said without hesitation, Okay, if Bulgaria approves this loan, it is not impossible to sell Bessarabia, but do you think they can agree?

Marquis Paul really wanted to say that it would be a ghost if he could agree. Although Bessarabia had a territory of 440,000 square kilometers in this era, it was still not worth 10 billion levs!

Now lending money to the Nicholas II government, the risk rate is as high as 90% or more, not because they are afraid of default, but because they simply can't repay the money!

The French loan and the British loan alone add up to billions of pounds. Fortunately, the American money does not have to be repaid, otherwise the debt crisis of the tsarist government will be more serious.

Because of the war, as early as 1915, the tsarist government announced that it would suspend the repayment of international loans, expecting them to repay the money. God knows which month of the monkey will wait?

Ten billion levas in this era is not cheap, it is equivalent to 400 million pounds, and it is also equivalent to 2928 tons of gold!

Considering that the risk value is too high, this is almost equivalent to buying 440,000 square kilometers of land with 10 billion levs, or an average of 22.73 million levs per square kilometer of land.

In the international land transaction of this era, such a sky-high price has never been born, so Nicholas II is also very worried that this transaction will fail!

Paul thought for a while and said, Your Majesty, it's really impossible. Let's mortgage some of the land in Ukraine. It's okay to use these places as a guarantee!

This is very subtle, mortgage land is much more acceptable than selling it directly, and he hasn't said the specific place, everything is up to the negotiators to discuss, anyway, what kind of result will be negotiated, he No responsibility!

Well, Marquis Paul is very worried about the repayment ability of the Nicholas II government. Instead of taking out a lot of land for mortgage, and finally unable to pay back the money and being frozen, it is better to sell it directly, at least to pay some price!

For any loan, the collateral must be discounted. For this kind of international loan, if you are lucky, you may get a discount of 60 to 30 percent. If you are unlucky, it is normal to get a 30 percent discount.

Now that the civil war has hit, Nicholas II has recovered a lot of lost land, including the Western Ukraine, so it is no problem for them to take it out as a mortgage now.

Even after the mortgage, Bulgaria must support them in defending these places, otherwise if they are lost, these mortgages will be lost, and the other two governments will not recognize the treaty signed by Nicholas II!

After being silent for a while, Nicholas II still chose to agree. The Russian Empire is now truly vast, with a territorial area of ​​2.28 million square kilometers, larger than that of the Soviet Union. Less than two-thousandths of the land area!

The mortgaged land was directly ignored by him. Anyway, these lands are still under his control. As long as the future loan is paid off, there is no risk of loss!

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