Bulgarian Empire

Ferdinand didn't intend to solve the medical problem now. As long as the manufacturing cost can't be reduced, talking about this problem is nonsense. You can't learn from future generations and set up an insurance company to deal with it, right?

Economic experts have already calculated that if the insurance company is used to solve the problem of medical treatment, don’t even think about the insurance premium being less than 150 levs. This is almost a month’s income of an ordinary Bulgarian worker!

Adding up the number of people in their family, the income of a worker who does not eat or drink for a year may not be enough to pay insurance premiums. How is this possible?

The high cost of medical care is the focus of contradiction! If this problem can't be solved, no matter what you do, you can't succeed. You can't let the insurance company lose money, right?

On the contrary, pension insurance can be improved, but the pension problem in Bulgaria is not serious now, and the average life expectancy is only in the fifties, and very few people can live beyond the age of sixty-five.

Coupled with the large number of children now, the shared support obligations are not heavy, and this social problem has not yet been stimulated.

In the Winter Palace in St. Petersburg, Nicholas II was worrying about the loan, and finally made Ferdinand let go, but he was embarrassed about what to use to persuade the Bulgarian government.

Due to the intervention of the British and French governments, international consortiums have closed their loans to Russia. It cannot be said that at least the Moscow government and the new Tsarist government have obtained a lot of international loans, and only the Nicholas II world government!

I have to say that John Bull's balance strategy is playing smoothly. Now the three Russian governments have supporters behind the scenes. The British are supporting the new tsar, the French are supporting the Moscow government, and Bulgaria is on the side of Nicholas II.

Nicholas II found Paul, a retired diplomat who is proficient in Bulgarian affairs, and asked, "Marquis Paul, what conditions do you think we have to offer before the Bulgarian government can approve this loan!"

Marquis Paul, who is over eighty years old, is also in a dilemma. This question is almost a question of asking how much profit he has to sell to satisfy Bulgaria's appetite!

After all, he had been a diplomatic ambassador in Bulgaria for 20 years. Marquis Paul did not disappoint Nicholas II. He said with some hesitation: "Your Majesty, Bulgaria's political power is still concentrated in the hands of the king. As long as Ferdinand can be persuaded I, this problem is easy to solve!"

Nicholas II nodded, and continued to ask: "Specifically? I have dealt with Ferdinand and know that he cares about face and reputation. On the surface, his moral integrity is impeccable.

But in fact, he is the master who does not see the rabbit and does not scatter the eagle. He does not have enough interests, so he has an excuse to refuse the loan!

Even if my sister Xenia is asked to do his work, it is impossible to succeed in the end. It is estimated that he will be very angry and throw hundreds of millions of levs over and announce that he will give it to us! "

Speaking of the end, Nicholas II laughed at himself a little bit. When did the Russian Empire fall so low that it needed money from relatives to survive?

I have to say that with the passage of time, everyone has studied Ferdinand's character a lot. Although the Bulgarian government gave little support to them after the outbreak of the Russian Civil War, the actions of the Bulgarian royal family left the whole world speechless!

Humanitarian donations are provided to the Russian Empire every year. Over the past few years, they have donated seven or eight times, with a total amount of more than one billion levs, which made Nicholas II embarrassed to ask him.

Of course, Nicholas II also knew that Ferdinand's actions were also to appease the Russian immigrants in the country, or to appease the scientists who had been dug in.

Most of these funds were not used during the war, and most of them were used for war aid. As a result, Ferdinand, who was already well-known in Russia, became even more prestigious in a few years!

Even though he knew that Ferdinand was buying people's hearts, Nicholas II would still be grateful to him. Without the funds he invested, his rule would not be as stable as it is now!

Marquis Paul became embarrassed,

He didn't expect that Nicholas II already knew Ferdinand so well, so he might not be able to get away with it.

"Your Majesty, we have a lot of collateral now, but not many that can tempt the Bulgarian government. If it doesn't work, sell Bessarabia (Moldova)!"

Originally, he wanted to talk about Western Ukraine, but seeing Nicholas II's gloomy face, he decisively chose to say only half of the words.

Sure enough, after hearing that it was Bessarabia, Nicholas II looked much better. This land was seized from the Ottoman Empire in 1812. The greatest value for the Tsarist government is that it can threaten the Romanian region militarily. .

The current Nicholas II will naturally not think about how to threaten the Romanian region anymore. He is too busy with his own affairs, so how could he spy on the Romanian region again?

Nicholas II said without hesitation: "Well, if Bulgaria is willing to approve this loan, it is not impossible to sell Bessarabia, but do you think they can agree?"

Marquis Paul really wanted to say that it would be crazy if he could agree. Even though Bessarabia Province had a territory of 44,000 square kilometers in this era, it was still not worth 10 billion levs!

Now lending money to Nicholas II's government, the risk rate is as high as more than 90%. It's not that they are afraid of their refusal, but that they simply can't pay back the money!

The loans from the French and the British alone add up to billions of pounds. Fortunately, the Americans do not have to pay back the money, otherwise the debt crisis of the Tsarist government would be even more serious.

Because of the war, as early as 1915, the Tsarist government announced the suspension of the repayment of international loans, expecting them to pay back the money, God knows what year of the monkey will wait?

Ten billion levs in this era is not cheap, which is equivalent to 400 million pounds, which is also equivalent to 2928 tons of gold!

Considering that the risk value is too high, this is almost equivalent to buying 44,000 square kilometers of land with 10 billion levs, and an average of 227,300 levs per square kilometer of land.

In the international land transactions of this era, there has never been such a sky-high price, so Nicholas II was also very worried that the transaction would not succeed!

Paul thought for a while and said, "Your Majesty, it is really impossible for us to mortgage some of the land in Ukraine. It is okay to use these places as guarantee!"

This is very subtle, "mortgaging the land" is much more acceptable than selling it directly, and he hasn't said the specific place yet, everything will be discussed by the negotiators. Anyway, what kind of results will be negotiated, he Take no responsibility!

Well, Marquis Paul is very worried about the repayment ability of the government of Nicholas II. Instead of taking out a large amount of land as a mortgage and freezing the money in the end, it is better to sell it directly, at least you can pay some price!

For any loan, the collateral must be discounted. For this kind of international loan, if you are lucky, you may get a 30% discount, and if you are unlucky, it is normal to get a 34% discount.

Now that the civil war has been fought, Nicholas II has recovered a lot of lost land, including the West Ukraine area, so it is no problem for them to take it out as a mortgage now.

Even after the mortgage, Bulgaria must support them to hold these places, otherwise if they are lost, the collateral will be in vain, and the other two governments will not recognize the treaty signed by Nicholas II!

After a moment of silence, Nicholas II still chose to agree. The Russian Empire is now truly vast and rich, with a territorial area of ​​22.8 million square kilometers, which is larger than the Soviet Union. A mere Bessarabia only accounts for the total Less than two-thousandth of the country's land area!

The mortgaged land was directly ignored by him. Anyway, the land is still under his control. As long as the future loan is paid off, there is no risk of losing it!

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