Soviet Godfather - v5 Chapter 258

After the Color Revolution, Hungary and Poland, although they got rid of the political guidance of the Soviet Union, also lost the Soviet Union’s economic assistance to the two countries, and the Americans were no more generous to go there than the Soviet Union. Facing huge foreign debts and collapsing domestic markets, both countries urgently need new saviors to help them out of their difficulties and guide the economy back on the right track.

As the first country to accept the Colombian bank’s takeover, Poland’s economy has begun to show results, but Hungary, because it does not have a developed industry, is in much worse situation than Poland. In addition, although Czechoslovakia has a developed industry, because it is located inland and lacks a country where products are sold, the life after the Color Revolution is also difficult, especially in the relatively backward Slovakia, where the situation is even worse than Hungary.

Under such circumstances, it is a wise way to stay warm. So since signing an agreement with Hungary, Mikhail has been lobbying for the establishment of a unified market between the two countries. Hungary is a traditional agricultural country, and its industry is not well developed. Apart from agricultural products, wine, and bauxite, there are basically no distinctive economic highlights. In addition, Hungary is a landlocked country, which makes Hungary The export has become more difficult. On the other hand, although Poland’s industry is not very developed, it is much better than Hungary after all. In addition, Poland also has a well-known port in the Baltic Sea-the Port of Gdansk, which allows Poland to export abroad. The product is much more convenient than Hungary and Czechoslovakia.

Under this realistic environment, Mikhail began to sell a unified market plan to Poland, Hungary, and Czechoslovakia in accordance with Sergei’s instructions. Simply put, with the United States and the Soviet Union abandoning these three countries, the markets of the three countries should be connected as a whole, complementing each other’s strengths, and jointly resisting debt and economic downturn risks. This will not only expand the voice of the three countries in world trade, but more importantly, the market formed by the three countries will be more stable and can be self-sufficient to a certain extent.

So under Mikhail’s repeated lobbying, the governments of Hungary and Poland finally agreed to sit together and meet on the issue of a unified market, while the Czech Republic and Slovakia each sent their own representatives as observers to participate in the plan for the unified market.

The venue of the negotiation was arranged in Budapest, the capital of Hungary. In order to avoid unnecessary trouble before reaching an agreement, the four parties involved in the negotiation did not disclose any information to the outside world. Lech Walesa visited Hungary under other names and met with Hungary’s newly-elected President Genz Albad and others.

Whether it is Hungary, Poland, or Czechoslovakia, as early as when Mikhail’s plan was just put forward, they had realized that a unified market would bring substantial benefits to all countries. However, on some issues, countries still have certain differences. Because according to the Bank of Colombia, a major premise of a unified market is that everyone must reduce tariffs to zero and use a unified currency. There is no historical precedent for such a plan. Although the central banks of Hungary and Poland have already been in the hands of the Bank of Colombia, and the right to issue money has long been controlled by the Bank of Colombia, it is necessary to allow two independent sovereign countries to adapt to the same currency. , This is simply crazy.

“Dear President Albad, Prime Minister Lech Walesa, and representatives from Czechoslovakia, when it comes to a unified currency, although it has various shortcomings, the advantages are obvious. It can make our three countries into one unified currency. If we estimate according to our current GDP, it is basically the same as Austria. I don’t think I need to tremble any more. Everyone knows that if this plan is implemented smoothly, our GDP is definitely not just the sum of the three countries’ existing GDP To a degree. The decision we make here today will benefit the 60 million people of the three countries…” Mikhail Mai persuaded with anticipation.

When Albad and Walesa heard what Mikhail said, they could not help but nod frequently. The economies of the two countries are highly complementary and not productive. Once the currency is unified, Hungary does not need to spend a lot of precious foreign exchange to import some Poland. It can produce automobiles and electromechanical products, and Poland can directly use its own currency to purchase agricultural products produced in Hungary. But Czechoslovakia, sandwiched between the two countries, has not nodded, so the opinions of the Czechoslovak representative are crucial to the unified market plan.

Mikhail saw that Czechoslovakia was still unable to give a definite answer~www.mtlnovel.com~ so he took the initiative to say: “I know that among us, Czechoslovakia does have its own uniqueness in terms of the level of industrial development. But in The Slovak region has a market environment similar to that of Hungary. In the developed Czech region, although the Skoda factory is very good, we all know that the reunification of the two Germanys will be inevitable, and the strong industrial strength of Germany will definitely take us. The country is regarded as a dumping ground for products. At that time, I don’t think Czech industry can withstand the shock from Germany. Czechoslovakia needs markets like Poland and Hungary. Once we use a currency, no matter how we compete, German products Under the influence of tariffs and exchange rates, it is absolutely impossible to be Czech’s opponent…”

During the talks in Budapest, the representatives of the three countries finally passed the Bank of Colombia plan unanimously after several confrontations. According to this plan, the central banks of Poland and Hungary will be integrated into one unified central bank, which will be managed by the Bank of Colombia, and the Czechoslovak region will subsequently join the unified market plan. After the agreement is signed, tariffs between the three countries will be Automatically drop to zero. The newly established central bank will be responsible for the currency issuance of the three countries.

Mikhail is optimistic that more Eastern European countries may join our unified market plan in the future, so he suggested that this newly established central bank be called the Eastern European Central Bank, and the newly issued unified currency is called the Eastern Euro. The reverse side of the Eastern Euro adopts a uniform face style, while the front side is designed by each country.

On the second day after the signing of the Eastern European Unified Market Agreement, the governments of the three countries announced the news to the world at the same time. Whether it is Western Europe, North America, or the developed countries of East Asia, they never expected that in the declining Eastern Europe, an unprecedented unified market would be formed.