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Chapter 34 Financial War Part 1

The announcement issued by Romania caused a stir, and everyone knew that this financial war had begun. The heads of the four major foreign banks in Romania reported to the country on the one hand, and on the other hand, they were also considering countermeasures. No matter how they counterattacked,

Now the four major banks have formed an alliance. When the Romanian government issued an announcement in the morning, they responded quickly and gathered together in the afternoon to discuss solutions.

"Now it seems that the Romanian government must implement the bill. We are not afraid of them. It's time to show them how powerful they are." It was Tiromotov who spoke first, and this incident 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The Russian economy is now too bad, and too much money has been withdrawn from the National Bank of Russia to save the domestic economy. If this financial bill is implemented, funds will need to be mobilized from the headquarters to maintain normal financial operations. This is why Tiromotov cannot sit still at all.

Reason for living.

"How much money do we all have left to operate now?" Ellison asked the most critical question as the head of the Bank of England in Romania. "The National Bank of Paris still has 2 million pounds in Romania." "The Deutsche Reichsbank still has 3.1 million pounds.

Pounds." "The National Bank of Russia still has 1.7 million pounds." Finally, Tilomotov, who usually screamed the loudest, reported an astonishing figure.

Hearing that the National Bank of Russia had so little funds, everyone looked at Tiromotov. Tiromotov, who was being stared at, still said harshly, "If necessary, 200 pounds can be mobilized from the country." For him.

Those who deceive children will not be answered by others.

Ellison calculated in his mind, and adding the 2.6 million pounds from the Bank of England, the total was 9.4 million pounds. It should be possible to launch a financial crisis on Romania. Thinking of this, he persuaded Tilomotov. "We are

Believe in you Tiromotov."

After appeasing the Russians a little, he continued, "Now we need all banks to mobilize. First, we will not lend to small banks that do not obey us. Except for particularly excellent assets, we can sell them to the outside world to suppress Romania's national debt.

Then we will lend money to Romanian companies. In short, we are suppressing the Romanian economy and we must make them give in. Otherwise, I believe that it won’t be long before the head office will send people to replace everyone, including me.”

None of the people here are economical, and they are all experts in finance. Without too many detailed descriptions, they all know what to do. After the four people returned to the bank, many Romanians soon felt the counterattack of foreign banks.

Varioch, who has been having headaches recently, is about to explode. The source of his uneasiness is the State Bank of Russia. This morning, foreign banks announced that due to the financial bill, they will now reduce foreign loans. This makes Varioch, who is about to have his capital chain broken.

I feel deeply exhausted and really want to sell the bank.

"Father, I went to visit Uncle Matos' house. Their factory can't get a loan now, and there's nothing they can do to help us." When Variocci felt powerless, his son Variocchi brought him back.

This bad news. Varioch's last hope has been shattered, and it seems that he has no choice but to bow to foreign banks. Varioch doesn't know that there will be bad news waiting for him.

The next day, Varioch came to the branch of the State Bank of Russia in Bachava. He found that the carriage of Udel, another banker in Bachava, had stopped at the entrance of the bank for a while. This discovery made Varioch secretly anxious.

, his face remained calm and he walked to the front desk. "Hello, I'm looking for President Milesiva. Is he here?"

"The president is busy now, you need to wait for him."

"Okay, I'll wait nearby for now. Thank you very much, Miss."

Variocchi sat on a chair next to the aisle and waited. After waiting for a while, Variocchi saw someone leaving at the front desk. He got up from the chair and quickly walked to the president's door. Seeing that there was no one around, Variocchi

Ochi put his ear against the door and listened carefully to the conversation inside.

"Mr. Udall, I told you that the bank can't help you now." This was the voice of President Milesiva. "I know, for the sake of our many years of friendship, Milesiva can you think of someone who can help you?"

My suggestion." Udel begged, playing the friendship card. After a minute, President Milesiva probably thought about it. "Okay, Udel, let me tell you the truth. Don't even think about foreign banks now.

If you can borrow money, now you can only try it with domestic banks and nobles."

"Is there really no way out? I am willing to be a loyal friend of the National Bank of Russia." Udel's unwilling voice came out. This was also Varioch's last hope. "Udel, can't you see, now the bank

You don’t need friends anymore. Until this financial war is over, you can’t get funds from anyone, so it’s useless for you to come to me.” Governor Milesiva’s cold words came out. Wari

Aoqi was completely disappointed when he heard this sentence, and there was no need to eavesdrop on what he said next.

Varioch didn't know how he walked out of the bank. When he returned to his carriage, he felt exhausted and said hoarsely to the coachman, "Take me back." The carriage drove slowly on the way home, Valiochi said in a hoarse voice to the carriage driver.

There was only endless despair in Riozzi's heart. Looking at the passers-by outside the window, Variocci thought that after they found out that he was bankrupt, they would angrily rush to his house and take everything away to satisfy his losses. If he didn't want to see his family's reputation

Damaged, he may need a rein to end his life. At this moment, Varioch thought of death, maybe this is the way to escape.

Just when Varioch was so desperate that he wanted to die, Edel was discussing with the Prime Minister. "Now foreign banks are stepping up their efforts to force our local small banks to go bankrupt. This will kill a large number of banks. Most of the small banks are ordinary people.

We cannot accept that the people's deposits will cause political instability. These foreign banks have a very accurate vision and know where to attack us and save us."

"But His Highness, all the Reserve Bank's money is now being used in the national debt and currency markets to fight with them, and there is no money left." The Prime Minister also talked about the current difficulties. Eder knew that this was because the Prime Minister was thinking about the royal family's funds.

This is also the goal he wants. "Okay Prime Minister, I will mobilize funds to integrate the banks that are in difficulty."

The next day, all newspapers in Romania published that the royal family would provide 4 million pounds of funds to help domestic banks tide over the current difficulties. This greatly impressed the domestic banking community, but they were not so excited when they saw the conditions. Those who accepted the royal family's help

The banks will undergo integration and be integrated into one large bank, named Industrial and Commercial Bank of Romania.

Varioch also saw this news. For him who was about to go bankrupt, this was a blessing in misfortune. At least his family could still live a decent life. This was also the only way for small banks that were now in trouble.

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