MORATORIUM DECLARED ON ALL FOREIGN LOANS
(Press. Assn.
ONLY TWO EXCEPTIONS
— By Telegraph — Copyright).
BUDAPEST, Wednes. Hungary, whose foreign indebtedness is about £160,000,000 has declared a moratorium for one year on foreign transfers, and also the standstill of all private short-term debts for six months. Exceptions to the former are, the League of Nations Loan of 1924, and the recent loan of £5,000,000, supplied almost entirely by a French bank.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 105, 24 December 1931, Page 5
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70MORATORIUM DECLARED ON ALL FOREIGN LOANS Rotorua Morning Post, Volume 1, Issue 105, 24 December 1931, Page 5
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