Bulgarian Empire

The genius remembers the address of this site in a second: (Apex Chinese), the fastest update! No ads!? The Russian Empire has disintegrated, and this giant that has made the European continent tremble for more than two centuries has disappeared. The whole world is crying for it Cheers.

Even the Russians are celebrating that wars are finally over! If the fight continues, it is estimated that there will be no one in the Russian Empire.

The newly independent country was eager to seek the recognition of the international community as soon as it established its political power, and Britain and France took advantage of the opportunity, which made Ferdinand very depressed.

No way, in terms of influence in this era, Britain and France are still more powerful, they are well-run, finance is their strength, and they are more professional in lending usury.

In a short while, the leaders of these countries were fooled, and then they accepted their loans.

Bulgaria is a step behind in this regard. By the time domestic banks react, they have already signed the contract.

Although it is an invalid contract, Britain and France can go back on it at any time, but these countries dare not go back on it?

There was nothing Ferdinand could do in this regard. They signed the loan contract before the League of Nations meeting. Bulgaria couldn't follow suit, could it?

But after seeing Britain and France lending to the Soviet Union, Ferdinand laughed, and finally jumped into the pit.

We must know that before the split of the Russian Empire, it still owed a huge debt, and now the West Russia family can't pay it back, right?

If this is the case, Nicholas II can declare bankruptcy. Anyway, the current family property of West Russia cannot be repaid.

Regardless of the fact that Nicholas II still has a sum of money in his hands, it is impossible for him to use this money to repay foreign debts. Although the war is over, does the domestic mess still need money?

Besides, the money in his hand is not enough to repay the foreign debt? After resettling the group of soldiers who are about to retire in the country and paying part of the war pension, he will be poor.

Before the Russian Empire was divided, Nicholas II's government basically repaid the interest on schedule. Except for the deductions from the war reparations, Nicholas II still had to pay Britain and France nearly 10 million pounds in interest every year.

This is still based on the existence of a large number of low-interest and interest-free loans in foreign debts. Otherwise, they would not be able to pay the huge debt of 2.3 billion pounds.

Except for the three debt giants of Britain, France and Guarantee, almost all European countries are creditors of the Russian Empire. Among them, the debt of the French accounted for nearly half, followed by Bulgaria, which ranked second with nearly 600 million pounds, and the British Empire ranked third with more than 400 million pounds.

What to do with this debt? It was not brought up at the League of Nations meeting, maybe it was forgotten, or everyone had their own plans.

In short, it is impossible to let them go!

Bulgaria's is okay, at least the largest loan, the Russians used Ukraine as a mortgage, in case Nicholas II's government can't repay the debt, Ferdinand is not worried about having this collateral here.

Ferdinand didn't care what Britain and France thought. Anyway, their government didn't dare to forgive their debts, otherwise these capitalists would eat them raw!

Debt sharing will be a topic of wrangling among the governments of the next nine countries. This time will not be too long. When the Tsarist government defaults on its debts at the end of the year, this issue will not be able to be suppressed.

As far as Ferdinand knew, the loans from Britain and France to the Russians also had a time limit, and many loans were due soon.

If it cannot be dealt with on schedule, I wonder if the British and French governments will be able to deal with the demonstrators. Historically, because of Russia's debt problem, the British and French governments have been tricked a lot.

Because the Russian government was unable to repay the loan on time, the financial crisis of the London government broke out. Prime Minister Lloyd George was forced to sell his title and was then ousted by the people.

The French government doesn't even know how many cabinets have been fired because of this!

In short, the money was lent out by financial institutions, but it was the people of the two countries who paid for it. If they could not receive the money, these financial institutions would of course go bankrupt.

It is impossible for consortiums to use their own money to lend money.

All losses are borne by yourself, right?

There may be such consortiums, but they are definitely in the minority. Most consortia have a bunch of financial companies under their umbrella, and when they extend loans to others, they have to raise money from outsiders.

The issuance of interest-free loans and low-interest loans has political conditions attached, which can allow the consortium to earn back the lost interest from other places, otherwise the interest can only be paid by the government.

They will not take full responsibility. Once a huge loan cannot be recovered, they will also appear as victims and bankrupt these financing companies.

Under normal circumstances, these financial companies or banks are all listed companies, and they have nothing to do with them after bankruptcy and liquidation. All the pressure must be borne by the government.

Of course, this is just a huge loan. If it is only a loss of tens of millions, they can still withstand it.

This is also one of the reasons why France's economy was hit hard after World War I, and more than one billion pounds were gone.

I don't know how many financial institutions have gone bankrupt because of this, and I don't know how many people have become impoverished because of this. The domestic economy will naturally be greatly affected.

If it weren't for Bulgaria that has almost monopolized the Russian market, would Ferdinand dare to spend so much money to buy the Caucasus region?

Obviously impossible, unless he wants to further devalue the lev, where did the Bulgarian government get so much money?

In the end, the Bulgarian government wrote Nicholas II a huge check, and the deal was done.

Then, between changing hands, weapons, ammunition, and military supplies reduced the face value of the check by half, and then a large number of industrial products poured into the Russian Empire.

In fact, Nicholas II did not get much cash. After he got the loan, he turned the money into goods in Bulgaria, and the cash he got back was not so scary.

The Bulgarian government, through this round of commodity circulation, returned 20 to 30 percent of its tax revenue.

The money circulated in Bulgaria's business circles for another four or five rounds, and the Bulgarian government passed taxes and evened out all the accounts.

In fact, the cash that the Bulgarian government took out was the part that Nicholas II finally took away, and the rest were just rolling in bank accounts.

This is also the reason why many international loans stipulate that the money must be used in the country!

"Your Majesty, the Eastern Russian Empire, the Republic of the Soviet Union, and the Grand Duchy of Finland... have sent us invitations, inviting us to send representatives to attend their founding ceremony!" Megev said with a smile

"Well, so fast? Needless to say, Eastern Russia and the Soviet Union, other countries have elected their kings?" Ferdinand asked in surprise

"Not yet. At present, the thrones of their countries are collectively vacant, and the government is still in chaos. It is difficult to achieve results in the short term!" Megev replied

"In other words, they plan to elect a king in the near future?" Ferdinand asked with concern

"Yes, Your Majesty!" replied Megeve

"Inform the royal family of the former Montenegrin king, their chance has come, if you don't hurry up, this store will not exist if you miss this village!" Ferdinand thought for a while and said

At the beginning, in order to legally unify the Balkan Peninsula, Ferdinand bought the Montenegrin and Romanian royal families, directly bought two crowns, and merged the two kingdoms with Bulgaria.

The deal with the Romanian royal family has been completed, and Ferdinand pushed them to the throne of East Prussia, and everyone is clear.

But the Montenegrin royal family is different. They have never seen a chance to deal with them, and then they are bachelors enough to send people to the Bulgarian government on time every year to receive the royal annuity.

It is naturally impossible for Ferdinand to renege on the annual expenses of over one hundred thousand pounds, and after more than ten years of receiving this income, he has not seen any movement from them.

Ferdinand even wondered if they were planning to use Bulgaria as a long-term meal ticket. After all, it is hard to find such a job that does nothing and only pays!

If the value of currency is exchanged, how can they have an annual salary of hundreds of millions, and there is no such high-paying job anymore. Is there any company that can be so proud to offer employees a ton of gold per year?

This kind of life is more nourishing than when they were the royal family in the Kingdom of Montenegro. The Kingdom of Montenegro has limited finances, so the royal pension is naturally a tragedy. Whether they can get the money depends on the year.

Ferdinand understood them. For the title of European father-in-law, Nicholas I's pockets have long been empty. If he does not trade with Bulgaria, he will be forced by bankers.

After all these years, he not only paid off his debts, but also had savings, so he knew why they didn't take any action.

"Your Majesty, which country do you think it is appropriate for them to fight for the throne?" Megeve thought for a while and said

This question is very ingenious. Everyone knows that the Gotha family is a professional king. Even if the former Montenegrin royal family wants to fight, they must first give way.

After all, the generation of the Bulgarian royal family has a high output, and there are five empty princes behind?

Megev's political acumen is also good. He knows that on this issue, he must not make mistakes, otherwise the consequences will be very serious!

"This is indeed a problem. Xenia intends to let the second child be the Grand Duke of Finland, Nicholas II intends to make his younger brother the king of Belarus, and the Orleans family has their eyes on the Polish throne. Kingdoms merged.

In this way, only the three Baltic countries are left. Let them figure it out. The countries in Central America also have a chance. If they miss it this time, don’t blame us for being dishonest! ’ Ferdinand said slowly

"Yes, Your Majesty!" Megeve replied nervously

Fortunately, I asked clearly. This has been fixed by default. If the car crashes, it will be in big trouble at that time.

Sure enough, the so-called King Minyuan is all nonsense!

If a king who satisfies the big shots cannot be elected, then the country may suffer tragedy in the future.

In this election for the throne, the Western Russian Empire has the most say.

Although these small countries are considered independent by the League of Nations, these are only independent in the sense of the people, and it is equally possible to change a group of people to form this country.

At least in the newly formed country, the original insurgents were pushed out of the scope of power. As soon as the parliament was formed, the local nobles and capitalists held an absolute majority of seats.

After all, the strength of the rebel army is still very weak. If it were not for the purpose of weakening the West Russian Empire, it would be impossible for these regions to become independent.

In this context, the local military nobles are the most powerful faction, and once Nicholas II put these people back, they occupied a dominant position.

It is only the idea of ​​Britain and France to want them to be completely independent from the Russian Empire, and the local interest groups are not yet ready for independence.

The establishment of an independent country can only cut off their relationship, and then slowly get rid of the influence of Western Russia. It cannot be done in a day or two.

Such a good opportunity, Nicholas II would be a fool if he didn't exchange it for some political resources.

After all, this kind of influence cannot exist forever. Now that these people still recognize him as the tsar, the future is not certain. It is inevitable to part ways for the benefit.

In addition, there is another reason that the current security of all countries cannot be guaranteed. Only one military operation is needed, and Western Russia can strangle their new regime to death!

For their own safety, these small countries must also have good relations with Western Russia.

Originally, the countries designed by Britain and France to be hostile to Western Russia were based on the premise that they had a certain strength, and they were not expected to do anything in the short term?

Of course, these thrones were determined by Ferdinand by default, and Xenia's political cells are not so developed, so it is impossible to react so quickly.

Ferdinand dared to bet that if she was allowed to choose, she would definitely choose Belarus and Poland, and there was only one reason-it was close to Sofia, so it was convenient for her to see her son!

Ferdinand made this decision after careful consideration.

On the one hand, the Orleans family has inherited the throne of German Poland, and they are preparing to merge the two Polish kingdoms, which has received the full support of the French government.

Establishing a powerful Polish kingdom in Eastern Europe can simultaneously check and balance Germany and Russia and stabilize their positions.

If Bulgaria goes to grab it now, it will inevitably pay a lot of price, and it is still half of Poland, so it is not worth the shot at all.

On the other hand, it was Ferdinand who simply felt that Poland's geographical location was too bad. Once the situation in Europe changed, Poland was usually the first to end.

Just think about it, they are sandwiched between Germany, Russia, Austria, and Bulgaria, and the tragedy is already doomed.

If a small country can survive, Poland, a medium-sized country, is definitely doomed. No one is worried about them?

Although Belarus next door is good, Nicholas II intends to make his younger brother Grand Duke Mikhail the king.

Originally, the family property of the Roman Dynasty was divided, and the owner wanted to get a share, so Ferdinand couldn't object on this issue.

Are the remaining three Baltic countries not as good as the Grand Duchy of Finland?

In any case, the Gotha family can only get one crown this time. If they want to eat alone, other European nobles will not agree!

In order to obtain the throne of Finland, Ferdinand made two waves of transactions, and everyone supported each other.

https:

The genius remembers the address of this site in a second: .. Mobile version reading URL: m.