Greece’s Roman Road - Chapter 279

“Greek-Roman Road (!

The current world financial center is undoubtedly London.

The UK’s annual overseas investment was as high as 4 billion pounds, which accounted for 43% of the world’s total investment at that time.

Because of the saturation of domestic capital in the United Kingdom, London in 1913 mainly relied on providing financial support to foreign countries rather than providing capital to domestic industries.

Greece and Britain have always had close ties, which is good news for Greece’s borrowing from British bankers.

“Prime Minister, how much do you think Greece needs to borrow to solve Greece’s short-term financial problems?” Constantine explained.

Since we want a loan, we should take this opportunity to raise the cost of developing Macedonia in one step.

For the Greek government, there is simply not enough time, wasting time, and digesting and developing the territories of Macedonia and Western Thrace as soon as possible is the foundation for Greece to stand in the future when the war that will involve the whole of Europe breaks out.

Although he was a little puzzled why His Royal Highness seemed a little impatient, Venizelos said after calculating it clearly in his heart: “This year’s fiscal deficit in Greece is about 300 million drachmas. In order to ensure the smooth operation of the government’s work, if it can be Negotiate with the banks of various countries that the government would better issue bonds of at least 300 million drachmas.”

The news that the Greek government needed to issue bonds due to financial constraints was quickly released by the Greek ambassador to the UK in London.

At this time, Greece had just won the Second Balkan War and became the biggest beneficiary of the Ottoman Empire’s territorial heritage in the Balkans.

Secondly, the credit of the Greek government is relatively good, and there is no record of default in repaying foreign loans. Naturally, many bankers are willing to borrow from the Greek government.

In 1913, Crown Prince Constantine, together with Prime Minister Venizelos, received a special guest at the Prime Minister’s Mansion, Robert, the business manager of the Rothschild family bank in London.

Mr. Robert, of medium build, with a monocle on the bridge of his nose, fair-skinned, and wearing a black woolen coat.

“Mr. Robert, since you have been to Greece in person, you also know that due to the two wars, the Greek government needs to borrow a sum of money in the near future,” Prime Minister Venizelos said first.

“His Royal Highness, Prime Minister, the Greek government’s foreign loans are of good credit. We Rothschild Bank are happy to serve such excellent guests.” Robert smiled and complimented the two of them.

“In fact, the Greek government has faced two wars in a short period of time, and it can be completely independent of foreign borrowing, which is very surprising to me.”

“In fact, when the war broke out in June (the Second Balkan War), there were quite a few bankers on the streets of London looking forward to speculation that Greece might need to issue war bonds to get through the financial crisis.”

Constantine looked at Robert with a smile on his face and complained in his heart that he was probably taking the opportunity to issue a high-interest loan from the Greek government, but it didn’t come true. Those vampires in London felt deeply sorry.

When the Second Balkan War broke out, the lack of funds for the Greek government was not news, and people in the financial world in London would naturally hear it.

Greece has always been considered by the UK as its sphere of influence, and if Greece needs to issue bonds, bankers in London know that they are the first choice.

Although they are all loans, the interest rates of loans vary greatly at different times.

If the Greek government was looking to foreign countries to issue bonds during the war, it would naturally be a very high-interest loan to seek help from bankers in London, in accordance with the financial tradition of matching risk and return.

After all, with such loans, once Greece loses the war, the risk of debt default will increase infinitely.

Now that Greece has won the war, seeking a loan is only to relieve the government’s short-term financial pressure. Compared with the former, the interest rate is naturally different.

“Your government entrusts Rothschild Bank with the business of issuing 300 million drachma bonds, and there is no problem at all,” Robert introduced respectfully.

“I just don’t know, what will the Greek government use as collateral? After all, 300 million drachmas, equivalent to about 8 million pounds, can’t be without collateral for such a huge loan.”

Constantine and Venizelos looked at each other, and both noticed that this Robert seemed to have other intentions, and turned to Robert and said, “Does Mr. Robert have any suggestions?”

Robert didn’t answer, and changed the subject and said to the two: “His Royal Highness Crown Prince, Your Excellency the Prime Minister, there are now more than 300,000 Jews living in Thessaloniki, Greece, and Thessaloniki is now the largest Jewish community. Area”

“How do you two view the Jews in Thessaloniki?” Robert said directly without hiding his purpose.

This made Constantine and Venizelos a little surprised. After all, what does this have to do with today’s loans?

“Mr. Robert, what are you trying to say, the Jews of Thessaloniki, what does it have to do with the loans we’re talking about,” Constantine said in surprise.

This matter of Robert’s loan, linked with the Jews of Thessaloniki, surprised Constantine.

“His Royal Highness, Your Excellency Prime Minister, if you can ensure that the Jews of Thessaloniki are treated fairly, this loan from Rothschild Bank will not only reduce the interest rate, but also allow the Greek government to issue bonds without collateral as an exception.” Robert quickly explained.

Hearing this, Constantine also reacted, and the Rothschild family who founded the Rothschild Bank were Jews.

It’s no wonder that there is now Robert’s request.

“Mr. Robert, what do you think is fair treatment?” Venizelos asked with a frown.

A Greek nationalist, Venizelos had no fondness for the stubbornly conservative, independent Jewish community.

The Jews living in Thessaloniki are always out of tune with Greek society and stand out in their own way.

“The Jews of Thessaloniki want to be treated leniently by the Greek government, for example, allowing the Jews of Thessaloniki, establishing Jewish schools ~www.mtlnovel.com~ allowing Jews to buy land freely, and relaxing restrictions on the financial sector in Greece Jewish Bank’s Discrimination Policy”

In the field of education, in order to quickly gather people’s hearts, the Greek authorities currently do not allow any foreign language schools other than Greek as the language of instruction.

In addition, although the Greek government did not clearly stipulate when selling land to the people, almost all the land sold by the government was sold to the Greeks intentionally or unintentionally.

As for the financial sector, the current three major banks in Greece, the Royal Bank of Greece, the Alpha Bank and the National Bank of Greece, are almost all banks opened by Greeks.

The three major banks tacitly blocked Jews in the financial sector and curbed the expansion of Jewish capital in Greece.

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