The report of the Minister of Finance to the Counsel of Ministers on the situation of Roumania created by the reparation and interallied debts policy

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Monograph

Identifikator:: 102318091X

URN:: urn:nbn:de:zbw-retromon-55477

Document type:: Monograph

Title:: The report of the Minister of Finance to the Counsel of Ministers on the situation of Roumania created by the reparation and interallied debts policy

Place of publication:: Bucarest

Publisher:: Government Press

Year of publication:: 1925

Scope:: 1 Online-Ressource (115 Seiten)

Collection:: Economics Books

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63 The consequences of not coordinating these claims and obligations will have a very serious effect on the economical and financial reconstruction of the allied States. And then can we take any account of the economical and finan cial reconstruction of our former enemies, without applying the same regime to the allied States? Taking into account all these considerations, the Roumanian Government demanded strenuously that the obligations imposed on us by the treaties ot peace should be enforced within the same limits as the obligations imposed upon our former enemies. The contrary would mean that part of the obligations owed by our former enemies are to be covered and born by anticipation by the allied States. Roumania thinks that similarly to the coordination of her obligations and claims, the enforcement of the reparations due by Austria-Hungary and Bul garia should be submitted to a similar regime to the one applied to Germany by Dawe’s plan. Her claims being determined and enforced in this manner, Rou mania would be able to proceed to the determination and the carrying out of her obligations. We have given above the balance of the reparations such as it appears for Roumania, immediattely after the determination of the Spa quota, we will show further down what modifications ought to be brought to it after the different steps taken for proceeding to the application of the treaties. L Roumania’s claims 1) According to art. 7 par. b of the Paris agreement of January 14"' 1925 a quota of 1.1°/, out of Germania’s reparations. Taking into consideration the payments imposed on Germany by Dawe’s plan, and the expenses of the occupation, control etc. Roumania’s share till 1928 (besides priorities will be about 7.260 million marks gold From 1928 when Germany will enter the normal period of her payments. Roumania will be able to recover yearly a sum of about 22 million marks gold Therefore the Roumanian State will obtain out. of the 5 fear's payments pro vided in Dawe’s plan about 51 million marks gold. In the hypothesis officiously put forward of the allies claims against Ger many being reduced by Dawe’s plan to o2 milliards ot marks gold, Roumania s share would be 572 million marks gold. 2) According to article 7 § B, of the Paris agreement of January 14 th 1925 Roumania had a quota fixed for her ol 1.1 /<» out ot the first half of the lepara- tions of Hungary, Austria and Bulgaria, and 20 n /« out of the second half, that

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