TRADE & DEBTS
GERMANY’S ECONOMIC DIFFICULTIES. Anxiety is being displayed in German industrial circles concerning lhe capacity of the Reich to produce the necessary goods to pay for the great volume of imports which Germany requires from the South-East European States, according to a Barlin correspondent. Trade between the Reich and the Balkans, by no means without difficulties under normal circumstances, has been enormously complicated by the war. Germany’s refusal to pay her debts in anything but German manufactured goods, combined with the inability of many of the South-East European States to absorb such excessive manufactured supplies, has already resulted in the piling up of. enormous German debts. While ih’is circumstance was at first welcomed by Nazi politicians on the ground that it rendered the Balkan States dependent on the Reich, a point has already been reached where exporters from the Balkan countries are unable to supply further goods until their earlier bills have been paid.
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Wairarapa Times-Age, 16 December 1939, Page 8
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155TRADE & DEBTS Wairarapa Times-Age, 16 December 1939, Page 8
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