Chapter 971 Financing

In order to help the younger brothers to restore the economy, an Austrian version of the "Marshall Plan" was released. The core purpose is to revitalize the European economy and snatch the commodity sales market. The only difference is that the content has changed a little bit.

Austria at the moment is far less rich than the Americans after World War II, and the Vienna government cannot provide huge financial assistance for a while.

To provide countries with funds for post-war reconstruction, they have to rely on the financial market for financing, so interest is still indispensable.

Before the outbreak of the European Continental War, the four major financial centers in Europe were London, Paris, Vienna, and Frankfurt. As a bully in the financial world, the London capital market is almost equivalent to the sum of the latter three.

Because of the war, Paris was basically abolished. Napoleon IV's counterattack before he ran away caused the French consortium to suffer five hardships and seven injuries, and it was not easy to survive.

Austria's development time is still too short. Franz also paid special attention to the real economy. Most of the domestic funds flowed into the industry, and the capital circulating in the financial market was not too much.

Vienna and Frankfurt can become the four major financial centers in Europe, not because they are powerful, but because the competitors behind them are too rubbish.

If 100% of the currency in the European financial market is in circulation, the London financial market accounts for 48.7%, followed by Paris with 19.6% (before the war), followed by Vienna and Frankfurt with 14.1% and 13.7% respectively. .

Looking back, the gap is huge. Milan, which ranks fifth, is not even two percentage points, and Madrid and St. Petersburg are further behind. Needless to say.

This ranking is valid not only in continental Europe, but also in the whole world. Any one of the four major financial centers has more capital than all the financial markets behind it combined.

Looking at the data, you can see that the British people have a really solid background. The centuries-old accumulation of colonial empires cannot be surpassed overnight.

Even if Austria gives full play to the siphon effect and brings together capital from Central, Southern, Eastern, and Northern Europe, it is still a younger brother.

This is still the result of robbing South Africa's gold, otherwise the gap will be even wider. You must know that the London financial market in the original time and space now has more than half of the capital in the world.

Relying on this solid background, John Bull survived two world wars, and continued until the 21st century, London and New York can compete for the position of the world financial center.

Now Austria not only needs to raise money by itself, but also helps the younger brothers to raise money. After a rough estimate, it can't be done without 3 billion Aegis.

All from the domestic financial market to find a way, have to suck up the funds, maybe it will lead to a stock market crash. Such a stupid thing, the Vienna government will naturally not do it.

If you can't do it at home, you can only find a solution from abroad. Anyway, capital knows no borders, no matter where the money comes from, it is money, and Franz doesn't mind whether it is domestic or foreign debt.

"You mean the British will take this as a threat and negotiate terms with us?"

If you want to get financing from the London financial market, you can't get rid of the British government. Although the British are clamoring for a "free economy", such large-scale international financing still requires the participation of the government.

In the style of John Bull, it is entirely possible to take the opportunity to negotiate terms with Austria.

"Yes, Your Majesty!"

Prime Minister Carr: "Without affecting the economy, the domestic financial market can provide at most half of the funds, and other financial markets add up to an estimated 20 to 30 percent.

Just for our own use, this money is definitely enough. But given the funding gap of the allies, that's a far cry.

Now it is not only Belgium and Italian states that are short of money, but Switzerland, Spain, and Russia are also poor and need our financial support.

If they don't get the money with us, there's a good chance they'll move closer to the British, which is very bad for us. "

Franz had personally experienced the power of "money capability". Not to mention that these allies were originally gathered because of their interests, and even really close allies could not withstand the offensive of "money capability".

The essence of international politics is interests, and there is no betrayal because there are not enough interests. If you talk about "loyalty", you have already lost.

In a sense, Austria's ability to gather so many allies is also the result of using "money capabilities". The Vienna government was richer and more willing to bid than the Paris government, so Austria won.

There is no way, who makes Austria's allies poor? Even if they were not poor before the war, they are now poor.

Not to mention the Belgian and Italian states, both of which were caused by war.

Switzerland, a country of mountains, has never been rich. So far, they are accumulating capital for the industrial revolution, and it is not the ideal country that everyone envies in later generations. It is impossible to digest the newly occupied territories without borrowing money.

Spain can only say that their ancestors were great. Since the 19th century, their finances have never been better. Now not only have to digest the results of the war, but also go to Nanyang to fight the Japanese. It is absolutely impossible to have no money.

The Russians are even more old-fashioned poor families. If you open the history book, you will know that the tsarist government basically never lacked money.

The only thing that makes Franz happy is that the anti-French alliance is still relatively stable, and it is not a small profit that can be drawn and run by the British.

For geopolitical reasons, in addition to Spain, Austria has a strong deterrent to other allies. If you want to be the second or fifth boy, you must first see if you can afford Austria's revenge.

In this regard, continental countries are stronger than maritime countries

Family. Especially for small countries such as Belgium and Switzerland, it is even more cruel.

The British who offended the maritime hegemons, the Royal Navy could not go ashore, and at most would suffer losses in overseas trade; Austria, which offended the continental hegemons, might directly perish.

After pondering for a while, Franz said coldly: "This financing is mainly to solve the difficulties for everyone. It is unreasonable for our family to undertake it and bring the anti-French alliance to discuss with the British.

We can use the French war reparations as a guarantee, and the anti-French alliance countries can jointly provide guarantees for debt security and jointly assume the responsibility for breach of contract.

If the British were uneasy, the anti-French alliance could maintain a garrison of no less than 500,000 troops in France and urge the French government to fulfill its debts.

By the way, we are planning to form a European Customs Union and are considering whether or not to let Britain join.

Other conditions are up to your discretion. As long as it does not harm our core interests, it can be negotiated, and presumably the British government will make the right choice. "

To save others, Austria wants the market of the anti-French alliance countries, and the British have no reason not to peep. In this context, helping countries to recover their economies is essentially beneficial to everyone.

If the British government takes the loan card holder, Franz would not mind a lose-lose situation, and would come up with an "European Economic Community" ahead of time to exclude the British from the European economic system.

"Lack of money" means that the economic recovery will be slow, and the anti-French alliance is not short of food. As long as the people are fed, there will be no major troubles.

"Lack of market" is different. Continental Europe is the most purchasing power region in the world these days, accounting for more than half of Britain's total foreign trade.

After losing such a large market all of a sudden, no new market can be found to replace it in a short period of time. India's market potential is indeed great, but the potential is not equal to purchasing power.

When the market is cultivated, the time has long passed. Without Europe, Britain would add at least millions of unemployed people in a short period of time, and an economic crisis would be indispensable.

Although the contradiction between Britain and Austria is big, there is not much hatred. Even if it is a confrontation, it is carried out in secret, and the relationship between the two countries is not bad on the surface.

Franz does not think that the British government will risk losing both sides and come to fight with Austria, which is not in the interests of politicians.

Again, this is not in Austria's interest. From the perspective of development potential, Austria is obviously far ahead of Britain. To slow down the development speed is to waste its own advantages.

It can be said that every time the time is pushed back one day, the advantage of Austria will be increased by one point. Especially after the annexation of the German Confederation, there will be a qualitative leap.

In order to achieve the goal, even the "garrison of troops in France" was used by Franz as a negotiating condition.

To ensure the normal performance of debts, there must be a garrison of troops. Otherwise, if the French government violated the contract, there would be no more war against France, right?

It's just a question of how many troops are stationed. "Not less than 500,000" is definitely impossible. If there are so many troops in France, not to mention the revival of France, they can eat the poor French.

If the military discipline is a little worse, then the French government will not have to do anything, and it will just do the aftermath work for the garrison every day.

If the British wanted to maintain their strength for the French, and also fantasized about making France come back, they had to suppress the number of troops stationed in the anti-French alliance.

Foreign Minister Weisenberg: "Your Majesty, other issues are easy to say, but the French reparations are used as financing guarantees, and it is difficult for the British to agree.

Even if the anti-French alliance countries provide security endorsements together, it can only guarantee that the French government will not maliciously breach the contract.

Judging from the current situation, it will take a long time for France to recover its economy after the war. If the economy does not recover, the government will have no money to pay its debts. No money in the pocket, no one can do anything.

Not long ago, the German federal government proposed the transfer of creditor's rights, and the London government asked the governments of the states within the German federal government to guarantee in advance to ensure that the French could pay the reparations normally before accepting the transfer of creditor's rights.

Obviously, the British have realized the risks, and it is not easy to cheat them. "

As the protagonists of the war, no one knew better than the Vienna government what the French lost in the war.

According to the "Draft of Disposal to the Law" drafted by the Anti-French Alliance, unless the French collectively hang up, it is only a matter of time before the debt defaults.

If the guarantee is accepted, once the French default on their debt, will the British pursue the debt, or not?

Debt collection undoubtedly stabbed the French, pushed them down the abyss, and cut off their chance to make a comeback.

Not collecting debts has indeed helped the French, but capital will not agree. Financial consortiums don't care about the overall situation, they must have debts and repayments.

Franz shook his head: "It doesn't matter, it doesn't need the British government to agree, as long as the financial institution that provides us with the funds is approved.

High risk leads to high return, and the interest rate should be increased a little, so that the bankers will not be tempted.

Moreover, we also provide debt security guarantees. If the French government is really unable to repay, all countries will also be jointly and severally responsible for repayment.

Anyway, the money borrowed is not their own. As long as the interests are large enough and there are enough reasons to convince investors, they will not mind taking risks. "

Things are definitely not as easy as Franz said, and the premise of "joint and several repayment responsibility" must be the French who are unable to repay.

Just believing that "inability to repay" is a huge pit. Repayment of debt in cash is repayment, and repayment of debt in kind is also repayment.

hurry, and

A plot of land could be drawn from the French mainland to cover their debts.