CRISIS IN AUSTRIA
COUNTRY’S BANKING SYSTEM RECONSTRUCTION DECIDED ON.
IBy Telegraph-—Press Association—Copyright! Received March 20, 11.55 p.mVIENNA, March 20. Cabinet, has been in session for the greater part of 32 hours. It has been decided to reconstruct the country’s banking system by means> of a central institution which will absorb frozen credits and make it passible for the banks to provide new funds to enable Austrian industries to compete with, foreign manufactures. There have been wild rumours regarding the financial situation during the week-end.
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Bibliographic details
Wanganui Chronicle, Volume 76, Issue 67, 21 March 1933, Page 5
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84CRISIS IN AUSTRIA Wanganui Chronicle, Volume 76, Issue 67, 21 March 1933, Page 5
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