GREEK FINANCES
AN INTERNATIONAL LOAN. (British Official News.) Press Association—By Wireless—Copyright. RUGBY’, January 15. (Received January 16, at noon.) , Of tho new Greek loan of £6,500,000 Great Britain’s share will be about £3,500,000. It will bear interest at the rate of 6 per cent., and will be onefc*. for public subscription in about a fortnight’s time. The remainder will be raised in America, France, Italy, and possibly Sweden. The loan will be devoted to three objects—the stabilisation of the Kreek exchange, refugee funds, and balancing the Bttdget. Tho revenues securing tho loan will_ bo under the control of an international financial commission in Athens, as in the case of previous loans.
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Bibliographic details
Evening Star, Issue 19765, 16 January 1928, Page 6
Word Count
111GREEK FINANCES Evening Star, Issue 19765, 16 January 1928, Page 6
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