SAVING AUSTRIA
BANK OF ENGLAND CREDIT
EFFORT APPRECIATED
LONDON, 18th June. "A dramatic decision of the Bank of England to provide credit amounting to £4,500,000 has avorted a probable declaration of Austrian bankruptcy," says the ''News-Chronicle" correspondent in Berlin.-' ' .
Negotiations between the Austrian. Government and French bankers broke down owing to, the French political demands.
Berlin and Vienna newspapers welcome the action as showing that British finance is propared to apply its vast resources to the restoration of European finance. ...
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https://paperspast.natlib.govt.nz/newspapers/EP19310619.2.50
Bibliographic details
Evening Post, Volume CXI, Issue 143, 19 June 1931, Page 7
Word Count
80SAVING AUSTRIA Evening Post, Volume CXI, Issue 143, 19 June 1931, Page 7
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