Chapter 259 "Budapest Agreement"

The three sovereign countries suddenly announced overnight that they would use the same currency, exempt each other from tariffs, and even people and goods could freely enter and exit the border without being inspected by border inspectors. This kind of scene that exists in human ideals actually appears in human society for the first time, so how can it not attract attention?

For the three contracting countries, accepting the plan of the Colombian bank is really helpless. Whether it is Czechoslovakia, Poland, or Hungary, the ratio of huge foreign debt to gdp has reached the point where the government is unable to recover. Looking at the world, only Columbia Bank can save them. As for letting go of the right to issue banknotes, it is a measure that the governments of the three countries have to take, because without the credit guarantee of the Bank of Colombia, the currencies issued by the three countries are basically no different from waste paper.

What happened in the three small backward countries in Eastern Europe sparked a heated discussion all over the world, especially those countries in Eastern Europe that had just escaped the control of the Soviet Union and fell into economic crisis, and they were very concerned about the Central Bank of Eastern Europe. Just after the three countries signed the Eastern European unified market agreement in Budapest, Bulgaria and Romania also showed strong interest in it. Representatives of the central banks of the two countries took the initiative to contact the Bank of Colombia in Warsaw to discuss the issue of joining.

Mikhail knew that when Eastern Europe was in trouble, signing a treaty like this was actually a last resort for all countries to accept. In order to avoid the envy of the unique business, and to allow the Columbia Bank's business in Eastern Europe to last for a long time, a special clause was reserved in it, that is, after the governments of all countries have fully repaid their debts, they can redeem from the Columbia Bank Return your own currency issuance rights, tariff rights and other normal rights and interests. This treaty was proposed by Mikhail. This also made the representatives of the three contracting countries trust Mikhail and the Colombian Bank more. But in fact, the chances of this clause being triggered are extremely slim. Seryozha and Mikhail are just using this clause to block the mouths of the opposition in the Three Kingdoms. Just look at the old capitalist countries like the United States and Britain, and you will understand that their debts will only increase, so much that they will never be able to pay them back.

Debt is always a powerful weapon for international capitalists to control national power. The reason why American politics can be manipulated and controlled by big business groups is not because big business groups provide candidates with large amounts of election funds, but because candidates Promises to employment, social security, and even the economy require real money to be supported by consortiums, and most of the funds spent by the government come from treasury bonds issued by the central bank. If there is no credit guarantee, then the government cannot have the money to do what it wants to do. This is true whether the government was established by a military coup, democratically elected, or the dictatorship of a dictator. As long as this state regime wants to exist for a long time, it cannot do without the support of capital.

The preparation of the Central Bank of Eastern Europe still needs time, but the large amount of national debts recovered by the Bank of Colombia from the hands of international creditors during this period has allowed the Bank of Colombia to obtain rich returns. Because of the credit guarantee of the Bank of Colombia, coupled with the fact that investors are generally optimistic about the unified market of the three countries, the national bonds of Czechoslovakia, Poland, and Hungary, which were originally defined as junk by the three major international rating agencies, regained a stable level, which made the Bank of Colombia These bonds in hand have greatly increased their value. The preparations for the Central Bank of Eastern Europe are actually not complicated. It only needs to transfer some staff from the Bank of Colombia. Mikhail will naturally serve as the chairman of the bank, and Jeffrey Sachs, the father of shock therapy, will serve as the chairman of the bank. Chief Economist of the Central Bank of Eastern Europe. As for the design of the Eastern European style, it will be openly solicited from the people of the three countries

In consideration of stabilizing prices and increasing employment rates, the contracting parties brokered by the Columbia Bank signed an energy cooperation agreement with the Eurasian Gas Group of the Soviet Union.

According to this agreement, the Eurasian natural gas pipeline project will enter the territories of the three countries through Poland to provide them with a stable supply of natural gas. Because the Eurasian Natural Gas Group is a foreign-funded company operating bots, that is, construction, operation and transfer projects, the three countries did not regard the Eurasian Natural Gas Group as a Soviet enterprise. At the same time, some companies under the Gorky Group also began to enter these three countries one after another.

The Volkswagen Group has taken a fancy to Skoda Auto, and intends to merge Skoda Auto into a subsidiary of Volkswagen. After the merger, Skoda Auto will become a sub-brand of Volkswagen just like Polonaise Auto in Poland. The Skoda Industrial Group in the Czech Republic will receive capital injection from the Blackstone Group, and the Blackstone Group will provide funds to help the Skoda factory upgrade equipment and divest debts. British Electricity is very interested in the power markets of the three countries, and has already begun to lobby the governments of the three countries to sell state-owned power grids and power generation companies. British Water Group has also shown great interest in the water supply markets of the three countries. Tonya wants the airports and railways in Czechoslovakia, Hungary, and Poland. Karim hopes to dump more food and agricultural products here, and Eva hopes that this can become the next market of Iridium.

Subsidiaries of the Gorky Group can't wait to annex the infrastructure markets of Eastern European countries. Sergei, on the other hand, was considering the issues after the collapse of the Soviet Union. From the current point of view, the independence of the three Baltic countries will be irreversible. However, after the independence of these three countries, whether they can be included is the concern of Seryozha. If the three Baltic countries can join, then even if the Soviet Union It has really disintegrated, but can a market wider than the original Soviet Union be formed? Although everyone is a sovereign country in name, they use a unified currency and have a unified central bank. From an economic point of view, this is a unified whole, and for Seryozha, it is much easier and wiser to control the Soviet Union's original sphere of influence economically than to rely on force and ideology. much. In this process, the abundant energy resources of the Soviet Union will be the key to forcing countries to get rid of the control of the Bank of Colombia. 2546...