In order to help the younger brothers recover the economy, an Austrian version of the "Marshall Plan" was released. The core purpose is to revitalize the European economy and seize the market for the sale of goods, but the difference is only that the content has changed.

At this moment, Austria is far from being as wealthy as the Americans after World War II, and the Vienna government will not be able to come up with huge financial assistance for a while.

In order to finance the post-war reconstruction of countries, they had to rely on financial markets for financing, so interest was still indispensable.

Before the outbreak of the European War, the four major financial centers in Europe were London, Paris, Vienna and Frankfurt. As the hegemon of the financial industry, the London capital market is almost equivalent to the sum of the latter three.

Because of the war, Paris was largely in ruins. Napoleon IV's counterattack before he ran away left the French consortium with a lot of injuries, and it was not easy to survive.

Austria is still too short to develop. Franz also attaches great importance to the real economy, and most of the domestic capital flows into industry, and there is not too much capital circulating in the financial market.

Vienna and Frankfurt are able to become the four major financial centers in Europe, not because they are so powerful, but because their competitors behind them are too rubbish.

If 100 per cent of the currencies in circulation were in the European financial markets, the London financial market would account for 48.7 per cent, followed by Paris with 19.6 per cent (pre-war period), followed by Vienna with 14.1 per cent and Frankfurt with 13.7 per cent.

Looking further back, the gap is huge, with Milan in fifth place not even two percentage points, not to mention Madrid and St. Petersburg.

This ranking is valid not only for the European continent, but also for the rest of the world. Each of the four major financial centers has more capital than all the financial markets behind it combined.

If you look at the data, you can see that the British people are really thick. The accumulation of a hundred years of colonial empires is simply not something that can be surpassed overnight.

Even if Austria gives full play to the siphon effect and brings together the capital of Central, Southern, Eastern and Northern Europe, it is still a younger brother.

This is still the result of robbing South African gold, otherwise the gap will be even greater. You must know that the original time and space London financial market, at the moment has more than half of the world's capital.

Relying on this solid foundation, John Bull survived two world wars, and until the 21st century, London was able to compete with New York for the position of the world's financial center.

Now Austria not only wants to finance itself, but also helps the younger brothers to finance, and after a rough estimate, it can't be done without three billion Aegis.

All of them have to suck up the funds from the domestic financial market, and if they don't do well, they will trigger a stock market crash. Naturally, the Vienna government would not do such a stupid thing.

If you can't do it at home, you can only find a way from abroad. Anyway, capital knows no borders, no matter where it comes from, money is money, and Franz doesn't mind whether he borrows domestic or foreign debt.

"You mean the British will use this as a threat to negotiate terms with us?"

If you want to raise money from the London financial market, you can't get rid of the British government. Despite the British's clamor for a "free economy", government involvement is indispensable for this kind of large-scale international financing.

In the style of John Bull, it is entirely possible to take the opportunity to negotiate terms with Austria.

"Yes, Your Majesty!"

Prime Minister Karl: "Without affecting the economy, the domestic financial market can provide at most half of the funds, and the other financial markets combined, it is estimated that it will solve 20 or 30 percent."

It's just that we use it ourselves, and this money is definitely enough. But given the funding gap of the allies, it's far from the same.

Now it is not only Belgium and Italy that are short of money, but also Switzerland, Spain, and the Russians are also poor and need our financial support.

If they can't get money from us, there is a high probability that they will move closer to the British, which is very bad for us. ”

Franz has personally experienced the power of "money ability". Mo said that these allies were originally brought together because of interests, and even if they were truly close allies, they could not withstand the offensive of "money ability".

The essence of international politics is interests, and if there is no betrayal, it is because interests are insufficient. If you talk about "loyalty", you have already lost.

In a sense, Austria's ability to rally so many allies is also the result of the use of "money capabilities". The Vienna government had more money than the Parisian government and was more willing to make a bid, so Austria won.

There is no way, who made Austria's allies all poor ghosts? Even if it was not poor before the war, it is now poor.

Not to mention Belgium and Italy, both of which were caused by the war.

Switzerland, a country of mountains, has never been rich. To this day, it is accumulating capital for the industrial revolution, and it is not the ideal country that everyone envies in later generations. To digest the newly occupied territories, it is impossible not to borrow money.

Spain can only say that their ancestors were terrible, and since the 19th century, their finances have not been better. Now not only do you have to digest the results of the war, but you also have to go to Nanyang to start a war with the Japanese, and you can't do it without money.

The Russians are even more of an old and difficult household, and if you open the history books, you will know that the tsarist government basically did not have a shortage of money.

The only thing that made Franz happy was that the anti-French alliance was still relatively stable, and it was not a small profit that could be co-opted by the British.

For geopolitical reasons, Austria has a strong deterrent effect on all its allies, except for Spain. If you want to be a second or fifth boy, you must first see if you can afford Austria's retaliation.

In this respect, the continental countries are stronger than the maritime ones. Especially for small countries such as Belgium and Switzerland, it is even more cruel.

The British, who offended the maritime hegemon, could not go ashore with the Royal Navy, and at most they would suffer losses when trading overseas; Austria, which offended the overlord of the European continent, may directly lose the country.

After pondering for a while, Franz said coldly: "The main purpose of this financing is to solve the difficulties for everyone, and there is no reason for us to bear it as a family, and we will talk to the British about the anti-French alliance."

We can use the war reparations of the French as a guarantee, and the countries of the anti-French alliance will work together to provide security for debts and share the responsibility for breach of contract.

If the British were not at ease, the anti-French alliance could maintain a garrison of no less than 500,000 troops in France and urge the French government to pay its debts.

By the way, we are preparing to form a European customs union and are considering whether to allow Britain to join.

The rest is up to you. As long as it does not harm our core interests, we can discuss it, and I think the British government will make the right choice. ”

Austria wants the markets of the countries of the anti-French alliance, and the British have no reason not to peep. Against this backdrop, helping countries recover their economies is essentially in everyone's interest.

If the British government were to take the loan card, Franz would not mind having a lose-lose situation and create a "European Economic Community" ahead of schedule to exclude the British from the European economic system.

The "lack of money" is a big deal about the slow economic recovery, and the anti-French alliance is not short of food, as long as the people are fed, there will be no big chaos.

"Lack of market" is different. In those years, the European continent was arguably the most purchasing power in the world, accounting for more than half of Britain's total foreign trade.

Having lost such a large market all of a sudden, it is impossible to find a new market to replace it in a short period of time. India's market potential is indeed large, but the potential does not equal purchasing power.

By the time the market has been cultivated, the time has long passed. Without Europe, Britain would have to add at least millions of unemployed people in a short period of time, and an economic crisis would be indispensable.

Although the contradictions between Britain and Austria are great, there is really not much hatred. Even if it was a confrontation, it was done in secret, and on the surface, the relationship between the two countries was okay.

Franz did not believe that it was not in the interests of politicians that the British government would risk losing both sides and run to fight Austria.

Again, this is not in the interests of Austria. In terms of development potential, Austria clearly surpasses Britain, and to slow down the pace of development is to waste its advantage.

It can be said that with each day that goes back in time, Austria has a greater advantage. Especially after the annexation of the German Confederation, there will be a qualitative leap.

In order to achieve the goal, even the "garrison of France" was used by Franz as a condition for negotiation.

In order to ensure the normal performance of debts, the garrison must be necessary. Otherwise, the French government broke the treaty, and there could never be another war against France, right?

It's just that the number of troops stationed is a problem. "No less than 500,000" is definitely impossible, if there are so many troops in France, don't say that France is revived, and you can eat the poor French just by eating.

If the military discipline is a little worse, then the French government will not have to do anything, just do the aftermath for the garrison every day.

The British, in order to maintain the vitality of the French and fantasize about the resurgence of France, had to suppress the number of garrisons of the anti-French alliance.

Foreign Secretary Wessenberg: "Your Majesty, all other questions are easy to say, but the British may have a hard time agreeing to the French reparations as a guarantee for financing."

Even if the countries of the anti-French alliance provide security endorsements together, it can only guarantee that the French government will not maliciously breach the contract.

Judging by the current situation, it will take a long time for France to recover its economy after the war. If the economy does not recover, the government will have no money to repay its debts. If you don't have money in your pocket, there's nothing anyone can do.

Not long ago, the German federal government proposed the transfer of creditor's rights, and the London government asked the governments of the states within the German federation to guarantee in advance that the French would be able to pay the reparations normally before accepting the transfer of creditor's rights.

Obviously, the British are aware of the risks, and it will not be easy to trap them. ”

As the protagonists of the war, no one knew better than the Viennese government what the French had lost in the war.

According to the "Draft on the Settlement of France" drafted by the Anti-French Alliance, unless the French are collectively opened, it is only a matter of time before the debt defaults.

If the guarantee is accepted, if the French default on their debts, will the British collect the debt, or not?

Debt collection undoubtedly stabbed the French, pushed them down the abyss, and cut off their chance to make a comeback.

Not collecting debts did help the French, but capital would not agree. Financial consortia do not care about the overall situation, and it is necessary to repay debts.

Franz shook his head: "It doesn't matter, you don't need the British government to agree, as long as the financial institution that provides us with the funds recognizes."

High risk has high returns, and the interest rate should be increased, and the bankers are not afraid to be tempted.

In addition, we also provide a debt security guarantee. If the French government is really unable to repay, countries will also be jointly and severally liable for repayment.

Anyway, the money lent out is not their own, as long as the interest is large enough and there are enough reasons to convince investors, they will not mind taking risks. ”

Things are certainly not as easy as Franz said, and the premise of "joint and several liability" must be that the French are unable to repay.

Just determining that "unable to repay" is a huge pitfall. Paying debts in cash is repayment, and paying debts in kind is also repayment.

If they are in a hurry, they can also carve out a piece of land from France to pay off their debts.