Romanian Eagle

Chapter 35 Financial Wars Part 2

For the royal family's move, small banks can only choose to accept. Between bankruptcy and selling, it's a choice everyone knows. Eder now has to consolidate these small banks to better serve the Romanian economy. Now all of their businesses are working for foreign banks, and they have no ability to resist risks, which is why Eder must let them out.

The four major foreign banks are also quite satisfied with the royal family's move. This has weakened Romania's capital reserves, and suppressed Romania's national debt and currency more fiercely. The foreign exchange and national debt markets are also bloody.

Edel leaned on the back of the chair, propped his head on his left hand, and listened lazily to Carust's report. "Now that we have invested £6 million in the market, I believe that the four foreign banks will not be lower than our figures. This financial war is coming to an end. Prime Minister Stuerley asked us where we should go."

Think of that stubborn old man who hasn't had a good rest for three days because of this financial war. Edel sat up straight for a while, and said sternly. "Put all our remaining funds into the market, and defeat them with a final word. As for the foreign banks that have made trouble this time, the result..." Edel weighed it carefully and said with a sigh. "As long as they agree to abide by the bill, it's over."

Carust looked at Edel in front of him, from being in control to being helpless. His body trembled, and he answered immediately. "I will reply the news to the Prime Minister immediately." The chief guard walked out of the room and closed the door gently. As soon as the door was closed, I heard something coming from the room. "These goddamn foreign powers."

At this moment, the four major foreign capitals also felt that something was wrong. Romania's funds were too abundant, and the four responsible persons could only discuss the solution again.

"Where did these Romanians get the funds." The most anxious Tiromotov was wearing a messy dress. This time he didn't even enter the door, and the voice came. When he entered the door, Tiromotov saw that the three were not much better than him. Mondrick's eyes were red, and his hair had not been taken care of for a few days. Ellison, as an English gentleman, even wears dirty clothes. Cromander is the most normal one, but he wears a pair of shoes of a different color.

"I have already commissioned friends and colleagues to investigate the three major financial markets in Europe yesterday." Mondrick said with red eyes. Diromotov frowned, obviously dissatisfied with this sentence. "Right now we need money, and if we don't have enough money, the war is half lost," Ellison said in a hoarse voice. "Now we can only ask for help from the headquarters. If we can get half of the current funds, we can fight the battle." Like a red-eyed gambler who lost, Diromotov would not give up a chance.

Hearing Diromotov's words, there was silence in the room. If the call to headquarters had been successful, they would have done so already. Now the financial crisis, it is too late for the head office to save the country, and it is estimated that it will not be able to prepare so much money to save them.

"Now you can let the head office approve the amount of money. Don't hide it now. If you lose, you can go home. I'll report my 850,000 pounds first." Ellison asked with a resolute expression.

"£850,000."

"£900,000."

"£800,000."

Hearing the support payments from their respective headquarters, Ellison seemed to still have the strength to fight. "You can ask the head office for help when you go back. It is expected that the funds will come in two or three days. We will stabilize the market first, and continue to suppress the follow-up funds when the funds arrive." Everyone nodded in agreement. When they were about to go back and leave, the door was suddenly opened. Ellison's secretary came in, sweating and panting. "The Romanian government has aggressively attacked the market, and we are running out of steam."

When a group of people heard the shocking news, they immediately rushed to the stock market. At the Bucharest Stock Exchange, the people in the carriages jumped out of the carriages anxiously and walked in with a worried look.

In the trading room, several people met Ellison's deputy, who was directing the traders with an anxious look in response to the offensive of the Romanian government.

The deputy saw Ellison and his group, and hurried over, talking about the current situation in a hurried tone. "At about 1 o'clock this afternoon, the Romanian government entered the market with a large amount of money, holding up the foreign exchange and treasury bond markets that were suppressed by us. We calculated that this fund was 6 million pounds, and we only had less than 4 million in our hands. Now the market We're ready to try, what should we do?"

Ellison frowned as he listened to his deputy's briefing, and then turned to talk to the other three. "Now we have no other choice but to give it a shot, otherwise we will not be able to retire." "Yes." Both Diromotov and Mondrik nodded in agreement. Only Cromander was the most tangled, and the task given to him by the head office could not be completed. Now he has the same mentality as the investors of later generations. He is watching himself trapped, and his inner anguish cannot be described.

The three of them looked at Cromander, who didn't make a statement, and all knew that he was retreating. Ellison walked up to him and spoke softly. "Whoever we are in Cromandel, who has caused so much damage to the bank, will be swept away. This is the last chance. If we can't fight back today, we will have no future."

Ellison's words seemed to cheer him up, and he turned his head and ordered to the trader. "Everyone will pay the bill for me, and now suppress me." As Ellison made up his mind, the exchanges between the two sides were very lively. Know the inside story earlier than others.

Time passed in the fierce battle between the two sides. With 30 minutes left in the transaction time, another £3 million was thrown into the market by the Romanian government. The foreign bank that had been struggling to resist collapsed immediately. Ellison and others were also helpless. Small investors who had been watching the securities market immediately followed up. Fortunately, the time was not too long, and the rally was barely big when the transaction ended. rise.

After Ellison and others calmed down, they recalled that this was the result of the Romanian government not wanting to hit them too hard, otherwise they would have surrendered long ago when they entered the arena. The next day before the opening of the market, the four major foreign banks announced that they would comply with the Romanian Financial Act, and three days later, the deposit will be delivered to the Reserve Bank. Sure enough, after the market opened, the stock market trended steadily and finally ended with a slight rise.

In the next few days, Romania, relying on the Reserve Bank, integrated small domestic banks into two large banks, namely the Romanian Construction Bank and the Romanian Agricultural Bank, plus the already integrated Industrial and Commercial Bank, which will be used by the government and the royal family in China. The banks in control will gradually divide up the financial industry, and other small banks that are unwilling to merge will also disappear.

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