Chapter 745: Elegy for East Germany (5)

"So, what exactly does Prime Minister Cole want?"

Diane stood up, condescending, and expressed her resolve to Breuer.

Standing behind Diane is the financial power of most of Europe, and the political power of Britain, France, the Netherlands, Switzerland and other countries is their strong backing. This is the source of confidence in Diane's words, and it is also a pressure on Breuer and the German political forces behind her.

The Germans did not want to digest East Germany within Germany, but for Kohl it was impossible.

Kohl's greatest achievement during his tenure as German chancellor was arguably the reunification of Germany. However, how much is directly related to the reunification of the two Germanys? This is only one of the results of the Cold War between the United States and the Soviet Union.

For Kohl, German reunification was indeed due to the fact that he had done a lot of work. But to say that the reunification of the two Germanys was caused by him, I am afraid that Cole himself did not have such a thick skin.

As a far-reaching "political giant" in later generations, Cole certainly will not have only such a feat. Looking at his experience in government, the reunification of the two Germanys was just a coincidence, and another trivial task was the direction of his life's work.

European unity.

The birth of the European Union is inseparable from Kohl's running up and down, and Germany's transcendent status in the EU is even more inseparable from Kohl's influence. In the process of European integration, the figure of German Chancellor Kohl is absolutely unavoidable.

As the saying goes, if you want to take it first, you must give it first. Kohl, who is committed to expanding Germany's influence in Europe, naturally cannot refuse to allow the European financial system to enter East Germany for a piece of the pie. If Germany plays the "double standard" at this time, then the European integration that Kohl is committed to promoting will not be convincing.

Looking back from the height of the conclusion of Kolgai's coffin in later generations, we can clearly see the historical trajectory of this political figure. But for those who are in it, it is not so easy to see through the fog.

This is true for the financial and political bloc behind Diane, and it is no different for Kohl and Germany.

None of the depth of information they have about their opponents is sufficient to provide accurate judgment. Diane underestimated the depth of the impact of German reunification on the future world situation, and Breuer and Kohl behind her did not have a complete understanding of the background of the West German Union Economic Bank.

Breuer and Diane are like two blind men, each holding a powerful machine gun in battle. The problem is, they don't know how the weapon will work. The only sighted person sitting in the audience was watching the fire from the other side with his own little calculations, laughing at the clumsy temptations of both sides.

Breuer and Cole had already made up their minds, and they couldn't help but breathe a sigh of relief when they heard Diane's question.

Germany is willing to come out with such a big cake as East Germany, naturally hoping to get an unparalleled return.

Breuer subconsciously touched the arm of the chair and groaned for a long time.

"The GDR National Bank can be handed over to the West German Union Economic Bank, so at the EC meeting, Chancellor Kohl hopes that the European Commission will support Germany's euro proposal. ”

……

The truth about the specific political transactions is confined to the safe of a very small number of people. But for the vast majority of people, even if they don't know about these behind-the-scenes "conspiracies", it does not affect their sense of the changing tide of history.

From time to summer, the most tangible feeling of Chinese in places such as Dresden and Berlin is that business is suddenly doing well.

After the acquisition of the GDBB, the West German Union Economic Bank began a series of dazzling operations.

East Germany was the most developed socialist country in the socialist camp at that time, and the Soviet Union may have been the big brother, but the people's living standards were not necessarily higher than those of East Germans. However, nearly a year after the reunification of the two Germanys, the citizens of this once most developed and wealthy socialist country suddenly became heavily indebted.

The GDR cooperative, which was part of the GDR State Bank, was sold to the West German Union Economic Bank for 160 million marks. In terms of the balance sheet of the GDR cooperatives, this is a fairly fair deal.

However, if this deal is put into the policy level of the whole of East Germany, it is too bad.

As the largest commercial bank in East Germany, the GDR cooperatives have a total of 15.5 billion yuan of loans on the books. From the perspective of the socialist system and policy in East Germany in the past, it was not a commercial loan in the usual sense, but a means for the state to transfer operational liquid assets through banks after state-owned enterprises paid profits.

At the time of the sale of the GDR cooperatives, these loans were not calculated. However, after the acquisition of the East German cooperatives by the West German Union Economic Bank, these policy grants suddenly became normal commercial loans. Debts that did not need to be repaid at all, or that should have been repaid by the East German government's industrial system, became the debt of East German enterprises......

Similarly, municipal construction and public spending in East Germany were originally financed by loans from East German cooperatives in the form of government guarantees, which were then repaid by the state treasury.

But since the entire East German regime had fallen, this part of the loan could only be credited to the entire East German people, or to the entire population of a specific public service area.

After the West German Union Economic Bank took over the East German Staatbank, it began to carry out large-scale loan calls for East German companies. Due to the special situation in East Germany, East German companies could not object to the recognition of debts by the Trusteeship Board, nor could they sue the Union Economic Bank of West Germany in the courts of East Germany.

As long as the East German companies were unable to repay the loan on their books, they were clearly insolvent and subject to bankruptcy liquidation, as defined by the Trusteeship. And the bankrupt enterprise, of course, is a three-cent copy, a rake, there must be a problem in operation, and it will never be sold at a high price when it is sold!

With this operation of the West German Union Economic Bank, this East German feast finally kicked off the main meal.

In this feast, the Chinese businessmen, undoubtedly adhering to the purpose of making a fortune in silence, quietly sent batches of industrial equipment on the journey out of Germany.

The West German Union Economic Bank, which had become the emperor of East Germany, did not hesitate to provide a large number of loans to Chinese businessmen, and although they could not get the richest piece of the cake, the Chinese methods were quite pragmatic and did not mix with those lucrative capital operations. Instead, focus on the introduction of technology, equipment and talents.

Often, after the Europeans carried out "capital operations" and acquired East German enterprises, Chinese businessmen would rush to it. Or simply package the entire factory, or form a purchasing group to completely dismantle and swallow all the operating assets of a factory.

Zurich Financial Services Group and China Railway Construction Investment have signed a strategic alliance agreement to provide "overall guarantee" services to Chinese businessmen certified by China Railway Construction Investment Bank in East Germany.

As for the mortgage subject matter provided by China Railway Construction Investment......

Among them, understanding is naturally understanding, and countries such as Britain, France, the Netherlands, and Sweden are tight-lipped internally. Although a large piece of meat was to be cut off by the Chinese, fortunately, the Chinese did not reach into the financial field. The financial capital of European countries can at most make a little less, but if they can plug the hole in Hu Wenhai's hand for the insurance compensation that he asked for his own life, it can be regarded as a profit.

Even if the GDR could not digest it, the liquidity of the money in the mortgage process would be lost. European financial and insurance groups have gained a short-term sense of security.

For European financial capital, what they needed was to draw blood from the GDR, and what West Germany needed was East German labor and markets. And the industrial equipment and technology of East Germany originally belonged to the part that needed to be strangled.

It's just that there is an extra group of Chinese to share the cake, and the only remaining industrial capacity in East Germany's history can be regarded as completely bankrupt. And in order to make up for the shortfall, the finance capital had to intensify the harvest of the GDR even more brutally than in history.

Along with these bloody rains, a large number of industrial equipment began to be dismantled and transported. Some of them sailed north from the port of Bremerhaven, while others headed east to Lviv, Ukraine.

There, a Soviet KGB named Vladimir was moving the cargo further to the Far East.