Romanian Eagle
Chapter 34 Financial War Part 1
The announcement made by Romania caused a thousand waves, and everyone knew that the financial war had begun. The heads of the four major foreign banks in Romania, while reporting to the country, are also considering countermeasures. No matter how to counteract, the big four banks are now allied. When the Romanian government issued an announcement in the morning, they responded quickly and gathered in the afternoon to discuss solutions.
It seems that the Romanian government must implement the bill now, and we are not afraid of them. It's time to show them a little more. It was still Tiromotov who spoke first, and this matter had the greatest impact on him. The main reason is that the Russian economy is now too bad, and too much money has been withdrawn from the Russian National Bank to save the domestic economy. If the current financial bill is implemented, it needs to mobilize funds from the headquarters to maintain normal financial business. That's why Diromotov couldn't sit still at all.
How much money do we all have to operate now? Ellison, the head of the Bank of England in Luo, asked the most crucial question. The National Bank of Paris has 2 million pounds left in Romania. The Deutsche Reichsbank has 3.1 million pounds left. The Russian National Bank has 1.7 million pounds left. Finally, Tyromotov, who is usually the loudest caller, reported a Staggering numbers.
Hearing that the National Bank of Russia has so little money, everyone turned to Tiromotov. Tiromotov, who was being stared at, still said stubbornly, If you need to, you can mobilize 200 pounds from the country. For his remarks of deceiving children, the others did not answer.
Ellison did the math in his head, adding the Bank of England's £2.6 million, for a total of £9.4 million. It should be possible to launch a financial turmoil against Romania, thinking of this, he persuaded Tiromotov. We believe in your Diromotov.
After appeasing the Russians a little, he continued, Now we need all our banks to mobilize, first of all not to lend to the small banks that do not obey us, except for particularly excellent assets, others can be sold to the outside world, suppressing Romanian national debt, no Loans to Romanian companies. In short, the Romanian economy will be suppressed, and they must be subdued, otherwise I believe that the head office will send someone to replace you, including me, in a short time.”
None of the people here are fuel-efficient lamps, and they are all experts in finance. You don't need to go into too much detail, you know what to do. After the four returned to the bank, many Romanians soon felt the counterattack from the foreign banks.
Wariochi, who has been having headaches recently, is now about to explode, and the source of his anxiety is the Russian National Bank. This morning foreign banks announced that they will now reduce foreign lending due to the Finance Act. This made Wariochi, who was about to break the capital chain, feel deeply tired, and really wanted to sell the bank.
Father, I went to visit Uncle Matos' house. Their factory can't get a loan now, and they can't help us now. When Wariochi felt powerless, his son Wariochi brought him back The bad news. Wariochi's last hope has been dashed, and it seems that he has no choice but to bow to foreign banks. Unbeknownst to Warioc, there was still bad news waiting for him.
The next day Wariochi came to the branch of the State Bank of Russia in Bachava. I found that the carriage of Udel, another banker in Bachava, had been parked at the gate of the bank for a while. This discovery made Wariochi secretly anxious, and he walked to the front desk with a calm expression on his face. Hello, I'm looking for Governor Milesiva, is he there?
The president is busy now, you need to wait for him.
Okay, I'll wait by the side first, thank you very much, miss.
Wariochi sat down in a chair by the aisle and waited. After waiting for a while, Wariochi saw that the front desk had something to leave. He got up from his chair and walked quickly to the door of the manager. Seeing that there was no one around, Wariochi put his ear to the door and listened carefully to what was inside. conversation.
Mr. Udell, as I said, the bank can't help you right now.
This is the voice of Governor Milesiva. I know, for the sake of our friendship over the years, Milesiva can give me a suggestion that can help me. Udell begged with the card of friendship, and after a minute I guess President Milesiva thought about it. Okay, Uder, let me tell you the truth, now you don't even think about being able to borrow money from foreign banks. . Now I can only find domestic banks and nobles to try.
Is there really no way? I am willing to be a loyal friend of the Russian National Bank. Udel's unrepentant voice came out, which was also Warioch's last hope. Don't you see, Udel, banks don't need friends now. Before this financial war is over, you won't be able to get any money, so it's useless for you to come to me. Millersi President Wa's cold words came out. Wariochi was devastated when he heard these words, and there was no need to eavesdrop on the next words.
Wariochi didn't know how he got out of the bank, and when he returned to his carriage, feeling exhausted, he said to the coachman hoarsely. Send me back. The carriage was driving slowly on the way home, and there was only endless despair in Wariochi's heart. Looking at the pedestrians outside the window, Wariochi thought that when they found out that they were bankrupt, they would angrily rush to their house and take everything to satisfy their losses. If you don't want to see your family's reputation damaged, you may need a rein to end your life. At this moment Wariochi thought of death, and perhaps this was the way to escape.
Just when Wariochi was so desperate that he wanted to die, Edel and the Prime Minister were also discussing them. Now foreign banks are stepping up to force our small local banks to go bankrupt, which will kill a large number of banks. Most of the small banks are deposits of ordinary people, and the political situation will be turbulent. This is unacceptable to us. These foreign banks have the right vision and know how to attack us. A place of salvation.
But His Royal Highness now reserves the bank's money, all of which is in the national debt and currency market to fight with them, and it is impossible to extract the money. The Prime Minister also talked about the current difficulties. Edel knew it was the Prime Minister who was thinking about the royal family's money, which was what he wanted. Okay Prime Minister, I will mobilize funds to consolidate banks that are in trouble.
The next day all the Romanian newspapers published that the royal family will provide 4 million pounds of funds to help domestic banks to tide over the difficulties. This has the domestic banking community raving, less excited when they see the conditions. Banks that accept the help of the royal family will be integrated and will be integrated into one large bank, the name is Industrial and Commercial Bank of Romania.
Wariochi also saw the news. For him who is about to go bankrupt, this is a great fortune. At least their family can live a decent life. It's also the only solution for small banks in trouble right now.
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