SLUMP IN THE FRANC
SERIOUS POSITION IN BELGIUM. (United Press Association.—Copyright) (Router's Telegram.) BRUSSELS, Oth May. A serious financial position has arisen as the result of the depreciation of the franc. A supplementary estimate has been submitted to the Chamber of 1,130,000,000, francs for the 1925 Budget. Tho 1926 Budget must be revised. A loan from the banks on which the Government was counting is now impossible. _ The Minister of the Interior has resigned, disagreeing with tho fiscal policy. The Minister of the Colonies also decided to resign.
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Bibliographic details
Evening Post, Volume CXI, Issue 108, 7 May 1926, Page 7
Word Count
88SLUMP IN THE FRANC Evening Post, Volume CXI, Issue 108, 7 May 1926, Page 7
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