WAR DEBTS.
OBLIGATIONS TO BRITAIN. ANNUITIES AND REMISSIONS RUSSIAN DEBT NOT FUNDED. (BRITISH OFFICIAL. WIRELESS-) (Received March 6tli, 5.5 p.m.) RUGBY, March 4. Replying to questions in Parliament, tho Chancellor of the Exchequer, ilr Neville Chamberlain, said the amount in pounds of war debts duo to Great Britain by foreign Governments at the date of funding was as follows: Debt. £ France ••• #i< H J X > Italy ... 5(50,000,000 Rumania ... Portugal ... 1-0,1^3,00) Greoco ... "-^4O, (XK) Yugoslavia ••• 25,.>91, 000 The capitalised present value of annuities at the date of funding on a 5 per cent, basis was as iollows: Annuities. £ Franco ... 227,000,000 Italy . •• 77 800,000 Rumania ... 6,744,000Portugal ... R SfqT)nf Greece ... 6,/IJ,OOO Yugoslavia ... 8,232,000 The percentage of debt remitted on this basis was:—■ ~ Debt remitted. Percentage. France ... ••• ® Italy Rumania ... Portugal ... ••• 65 £ Greece ... ••• Yugoslavia * The liability for the ■ war debt of Belgium was assumed by Germany, under the Treaty of Versailles, and the war debt of Russia had not yot been funded.
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Press, Volume LXVIII, Issue 20489, 7 March 1932, Page 9
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157WAR DEBTS. Press, Volume LXVIII, Issue 20489, 7 March 1932, Page 9
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