GERMANY’S FINANCES.
United Press Assn.—By Electric Telegraph—Copyright. BERLIN, January 11. The Finance Minister, Herr von Krosigk, estimates that the financial year will end with a deficit of £103,500,000, including the accumulated deficit of £23,500,000 held over before the depression became acute. It is due to the fact that during 1932 there *was the enormous burden of unemployment with a steadily shrinking field of taxation. Herr Krosigk is of the opinion that the deficit is not unsatisfactory after the terrible strain on the Treasury of the last three years.
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Star (Christchurch), Volume XLIV, Issue 659, 12 January 1933, Page 1
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88GERMANY’S FINANCES. Star (Christchurch), Volume XLIV, Issue 659, 12 January 1933, Page 1
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