After Romania released this news, foreign banks in Romania exploded. Due to the weak financial sector in Romania, most of the capital is controlled by foreign banks. Among them, the Bank of England, the National Bank of Paris, the Russian State Bank, and the Deutsche Reichsbank
He is one of the best. He is quite dissatisfied with the Romanian government's banking bill and no one wants to be controlled.
Edel knows that if Romania's financial sector is not regulated, most of the wealth will be sucked away by the major powers. Romania's industrial development will not be able to grow. Now, when the major banks are overwhelmed by the economic crisis, they will be caught off guard. Now
The Crown Prince's timing was excellent.
The day after the bill was announced, the heads of the Bank of England, the National Bank of Paris, the Russian State Bank, and the Deutsche Reichsbank in Romania sat together to discuss countermeasures. Obviously financiers are not vegetarians, and capital’s pursuit of profits is not
They will obey just because of a financial bill, and it will take a fight to convince both parties.
Several heads discussed the issue intensely. Tiromotov, the head of the National Bank of Russia in Romania, was the first to speak with an angry look on his face: "Romania is persecuting our foreign banks. We can't just give in, otherwise this business will
There is nothing we can do." There is a reason why Tiromotov is so excited. The National Bank of Russia has the largest business among several overseas banks in Romania, and the bill has the greatest impact on him.
As an ally of Russia, Mondrik, the head of the National Bank of Paris, also expressed support. "Mr. Tiromotov is right, we must show our attitude and not let our interests be damaged." The business of the National Bank of Paris in Romania is not good.
To one-third of the Russians, it doesn't matter if there are polar bears to support them. If they lose, the Russians will be unlucky first. If they win, they can expand their business scope.
Ellison, the head of the Bank of England, also expressed his own views. "I think this bill can be modified appropriately. After all, we still have to do business in Romania, and it is still necessary to give the government a little respect. We can pay a deposit of 5%.
, I heard that the Romanian government is short of money recently, we can jointly give them a loan of 6 million pounds, I believe this will make Romania feel our sincerity."
Ellison's speech caused Tilomotov to question. "So what did they use as collateral?"
"You can use seigniorage as collateral." Ellison said calmly. This sentence aroused great interest in Tilomotov. "If this is the case, then we can make more loans to the Romanian government, 1,000
I believe ten thousand pounds is an acceptable figure." It is obvious that Russia is resentful of Germany's previous offer to win over Romania, which has greatly increased the pressure on Russia's western land.
"What does Mr. Cromand think of this proposal?" Mondrick, the French person in charge, asked Cromand, who remained silent and seemed to be a transparent person. As the head of the Deutsche Reichsbank in Romania, Cromand had no idea what he was looking at.
I actually wanted to applaud the three of them for their hard work. It was obvious that they had discussed it long ago, mainly because they were afraid that the Reichsbank, which was William II's money bag, would attack them from behind. They were very worried about the current relationship between Germany and Romania.
It makes sense. Cromander had been thinking about how to stab them in the back.
It is normal for the two sides who are now hostile to stab each other, so the leaders of Britain, France, and Russia will focus on Cromander in this discussion.
"I need to report this matter to the country. It is beyond the scope of my responsibilities." Cromander said in a pretentious manner, "Don't you think you can make a decision on anything?" Mondric, a Frenchman with a feud, did not forget to be sarcastic.
For a moment, Cromander pretended not to hear anything, picked up his coat and signaled to the three of them, "Goodbye."
After the three of them watched Cromander walk out of the room, Mondrick said, "I knew the Germans were unreliable." "At least he didn't refuse to answer, which is good news." Ellison expressed his opinion.
Cromander returned to the office and asked his assistant, "Hasn't the country sent us any news yet?" "We haven't estimated that the country will still need an order from the government." The assistant replied. Unlike private banks, the Deutsche Reichsbank only cares about profits. Sometimes it needs to
It is also its responsibility as a central bank to undertake some government requirements. When it was about to get off work, an assistant came to Cromand's office and handed a telegram to the person in charge in Romania. Cromand saw a few words on the telegram
The words, 'Help is valuable in the most difficult times.' Cromander destroyed the telegram after reading it.
We discussed again the next day. Mondrick asked straight to the point, "Can you negotiate on behalf of the Reichsbank?" "Mondrick, you are too direct. This is not the behavior of a gentleman." Ellison said to smooth things over, but
He also looked at Cromander, obviously hoping for an answer. Cromander's answer did not disappoint them. "I am now able to negotiate on behalf of the Deutsche Reichsbank."
Tiromotov was the first to ask, "Do you agree with yesterday's proposal?"
"Most of them agree, but we need to discuss the proportion of the payment for the goods." Cromander said in full voice.
"All four of our banks should contribute a quarter." Mondrik suggested, seemingly impartially. "This is not acceptable. It would be too unfair to our Reichsbank." Cromander retorted loudly, and it was obvious that the three banks were now one.
, then it will be such an obvious trap of 75% versus 25%. If Cromander agrees, the Deutsche Reichsbank will have enough reason to suspect that he is an undercover agent.
"Our bank, which has the fastest growing business in Romania, should get 45% of the investment ratio." Cromander Lion said loudly, "This is impossible," Tilomotov almost jumped up and retorted. If Cromander's plan is followed,
So why are they trying so hard, precisely because they want to suppress German capital in Romania and thus expand their share.
"You two hope that we can come up with a plan that is acceptable to both of you, instead of the lion opening its mouth." Ellison was also troubled by the quarrel between the two. After a fierce battle, the payment amount was finally set at 8 million pounds.
Due to the need for France to win over Russia, France transferred a part of Romania, which it valued, and the final result was that Britain contributed 17.5%, France 15%, Germany 32.5%, and Russia 35%.
