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£5,000,000 FOR HUNGARY

BANKS ARRANGE 18-MONTH CREDIT

ECHO OF FAILURE TO BORROW.

By Telegraph.—Press Association.

Budapest, Aug. 13.

An agreement reached in Paris by the banks arranges for Holland and Italy to grant Hungary £5,006,000 credit for 18 months. This is a sequel to the recent three-day closing of the Hungarian banks owing to the failure to obtain a £7,000,000 international loan, since when withdrawals have been rationed.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19310815.2.34

Bibliographic details

Taranaki Daily News, 15 August 1931, Page 6

Word Count
68

£5,000,000 FOR HUNGARY Taranaki Daily News, 15 August 1931, Page 6

£5,000,000 FOR HUNGARY Taranaki Daily News, 15 August 1931, Page 6