Vol 5 Chapter 46: ,loan

Ferdinand has no plan to solve the medical problem now. As long as the manufacturing cost cannot be reduced, talking about this problem is nonsense. I can't learn for future generations. Have an insurance company come out to deal with it?
Economic experts have long calculated that if the insurance company is used to solve the problem of medical treatment, this insurance premium is less than 150 levs, which is almost a month's income of ordinary workers in Bulgaria!
Adding up so many mouths of their old and young, a worker who does not eat or drink for a year, all paid insurance premiums may not be enough, how is this possible?
The medical cost is too high, which is the focus of contradiction! This problem cannot be solved, no matter how difficult it is to succeed, we can never let the insurance company operate at a loss.
On the contrary, pension insurance can be done, but the pension problem in Bulgaria is not serious now, and the average life expectancy is only 50 years old. Those who can live to over 65 are rare.
Coupled with the large number of children now, the shared maintenance obligation is not heavy, and this social problem has not yet been stimulated.
In the Hermitage in St. Petersburg, Nicholas II was worrying about the loan, and finally Ferdinand Matsuguchi managed to persuade him, but it was difficult for him to convince the Bulgarian government.
Due to the intervention of the British and French governments, international consortia have closed the door to loans to Russia. It can not be said that at least the Moscow government and the New Tsar government have obtained a lot of international loans. The only one restricted is Nicholas II. World government!
I have to say that John Niu ’s balanced strategy is smooth. Now there are supporters behind the three Russian governments. The British are supporting the New Tsar, the French are supporting the Moscow government, and Bulgaria is on the side of Nicholas II.
Nicholas II approached Paul, a retired diplomat proficient in Bulgaria, and asked, "Marquis Paul, what do you think we need to do to get the Bulgarian government to approve this loan!"
The Marquis of Paul, who is over eighty years old, is also very difficult. This question is almost another question. How much profit must be sold to satisfy Bulgarian appetite!
After 20 years as a diplomat ambassador in Bulgaria, Marquis Paul did not disappoint Nicholas II, only to see he hesitated to say, "Your Majesty, Bulgaria's political rights are still concentrated in the hands of the king, as long as he can convince Ferdinand I , This problem is easy to solve! "
Nicholas II nodded and continued to ask, "Specifically? I have dealt with Ferdinand, knowing that he loves face and pays attention to reputation. On the surface, his moral integrity is impeccable.
But in fact, he is the one who does not see rabbits and eagles, and does not have enough benefits. He has an excuse to refuse this loan!
Even if my sister Shenia did his job, it would be impossible to succeed in the end. It is estimated that he would lose hundreds of millions of levs and announce it to us! "
In the end, Nicholas II was a little self-deprecating. When did the Russian Empire fall into disappointment and it was time for relatives to spend money?
It has to be said that over time, everyone has also studied Ferdinand's character. Although the Bulgarian government's support for them was very small after the Russian civil war broke out, the Bulgarian royal family's approach left the world with nothing to say!
Humanitarian donations are provided to the Russian Empire every year. Over the past few years, donations have been made seven or eight times, and the total amount has reached more than one billion levs, making Nicholas II embarrassed to speak to him.
Of course, Nicholas II also knew that Ferdinand's actions were also to appease the Russian immigrants in the country, or to appease the dug scientists.
Most of these funds were not used in the war, and most of them were used for war relief. As a result, in a few years, Ferdinand, who had a good reputation in Russia, became more prestigious!
Despite knowing that Ferdinand is buying people ’s hearts, Nicholas II still wants to thank him. Without these funds he invested, his administration will not be as stable as it is now!
The Marquis of Paul became embarrassed. He did not expect that Nicholas II knew Ferdinand so well, so it might not be possible to get confused.
"Your Majesty, now we can take out a lot of collateral, but there is not much that can make the Bulgarian government enthusiastic. If not, let's sell Besarabia!"
He originally wanted to talk about Western Ukraine, but seeing the gloomy face of Nicholas II, he decisively chose to speak only half.
Sure enough, after hearing that it was better than Salabia, Nicholas II's face looked much better. This land was taken from the Ottoman Empire in 1812. The greatest value to the Tsarist government was to threaten the Romanian region militarily. .
Now Nicholas II will naturally not think about how to threaten the Romanian region, and his business is too busy. How can he go to see the Romanian region again?
Nicholas II said without hesitation "OK, if Bulgaria is willing to approve this loan, it is not impossible to sell Bessarabia, but do you think they can agree?"
The Marquis of Paul really wanted to say that there can be ghosts if he can agree. Although the area of ​​Bisarabia Province was as high as 440,000 square kilometers this year, it was still worth 10 billion levs!
Now lending money to the government of Nicholas II, the risk rate is as high as 90% or more. It is not because they are afraid that they will not pay, but they simply cannot afford the money!
The French loan and the British loan alone add up to billions of pounds. Fortunately, Americans do n’t have to pay back, otherwise the debt crisis of the Tsarist government will become more serious.
Because of the war, as early as 1915, the Tsarist government announced a moratorium on the repayment of international loans, expecting them to repay the money. God knows which year of the monkey and horse?
The 10 billion levs of this era are not cheap, which is equivalent to 400 million pounds and 2928 tons of gold!
Considering that the risk value is too high, this is almost equivalent to buying 440,000 square kilometers of land with 10 billion levs, and an average of 22.73 million levs per square kilometer.
In the international land transactions of this era, such a high price has not yet been born, so Nicholas II is also very worried that this transaction will be unsuccessful!
Paul thought for a while and said, "Your Majesty, we can't mortgage any part of the land in Ukraine. It can always be used as a guarantee!"
This statement is very subtle, "mortgage land" is more acceptable than selling it directly, and he has not said the specific place, everything is left to the negotiators to talk about, anyway, what kind of results will come out, he No responsibility!
Well, Marquis Paul is very worried about the repayment ability of the Nicholas II government. Instead of taking out a large amount of land for mortgage, the money can't be frozen in the end. It is better to sell it directly, at least for some price!
Any loan or collateral must be discounted. For this type of international loan, if you are lucky, you may get a 30% discount, and if you are not lucky, you may get a 40% discount.
Now that the civil war has hit, Nicholas II has regained a lot of lost ground, including Western Ukraine, so it is no problem for them to put out a mortgage now ~ EbookFREE.me ~ Even after the mortgage, Bulgaria must also Support them to keep these places, otherwise, if they are lost, these collateral will be lost. The other two governments will not recognize the treaty signed by Nicholas II!
After a moment of silence, Nicholas II still chose to agree. The Russian Empire is now a real land with a large area of ​​2.28 million square kilometers, which is larger than the Soviet Union. It is more than Salabia, which only accounts for the total Less than two thousandths of the land area!
The mortgaged land was directly ignored by him. Anyway, the land is still under his control. As long as the future loan is paid off, there is no risk of loss!
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