Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

PROLONGED FOR YEAR

GERMAN STANDStfttiL AGREEMENT

(Received May 16, 10 aan.) ? BERLIN, May X 5. * The standstill, agreement dealing toKSI frozen credits has been prolonged fwih a year. ~

The "standstill* conference on Gee^ snany's short and medium term foreiga| - debts is now almost an annual fixtures. The negotiation of the agreement fw undertaken by the Foreign Bans Creditors* Committee. In 1937 it waW reported that the total of credit lines < had been reduced from 1,567,000,000 reichmarks, as at Februaiy 19, 19S6J - to 1,202,000;000 reichmarks up ta November, 1936. In December, 1933j the agreement was extended for a furs - ther ye.ar, and the total of credit lines ; was given as 1,009,000,000 reichmarki - at September 30, 1937. The previonf -; Standstill agreements go back to 193? ,

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390516.2.80

Bibliographic details

Evening Post, Volume CXXVII, Issue 113, 16 May 1939, Page 9

Word Count
123

PROLONGED FOR YEAR Evening Post, Volume CXXVII, Issue 113, 16 May 1939, Page 9

PROLONGED FOR YEAR Evening Post, Volume CXXVII, Issue 113, 16 May 1939, Page 9