Chapter 621 The EU is coming

Then, at the European Economic Summit held in Brussels, French President Francois Mitterrand declared, "If we restrict our enterprises to grow and develop too much, then it will be difficult for us to adapt to the future development of the global economy. ，/”

His words seemed to fall like a stone into calm water, causing an uproar, and all the participating countries participated in the heated discussion.

In the end, the conference agreed to open up the defense market among European countries, popularize low tariffs in the front, and allow cross-border mergers as the next step of the government, and further open the European Community market to make final preparations for the final economic integration.

The convening of the European Economic Summit reduced the resistance to cross-border mergers of European countries in Europe, so next, the Swiss company Boweili and Sweden's Asia Company reached a merger to form the largest European electrical company A88 company.

At the same time, the French Vivendi Group merged with France Telecom, and subsequently France Telecom merged with Canadian entertainment giant Seagram to form the World Chapter 621 group.

Not to be outdone, the United States was not to be outdone, and soon, Time Warner and AOL officially began negotiations, once the two companies agreed on a merger, then it will soon replace the newly established France Telecom and Seagram.

When the storm began in Western Europe, major American media rushed to report it, and the Wall Street Journal even predicted that another wave of mergers and acquisitions had arrived, and a huge tsunami of mergers and acquisitions was sweeping the world.

Perhaps in order to confirm this sentence, next, first of all, Bank of America merged with Western Bank of America, Lin Yu's grasp of Bank of America was further deepened, and then the famous American military giant Lockheed Corporation acquired Martin Marietta and established Lockheed Martin.

Then, major merger negotiations in the United States began one after another, such as the oil industry, and Exxon felt pressure from British Petroleum and decided to marry Mobil Oil Company to form Exxon 7 Mobil Oil Company.

The banking industry felt the pressure from Bank of America, and Chemical Bank merged with Chase Manhattan, and Rockefeller further strengthened his grip on Chase Manhattan.

Feeling the great changes in the U.S. banking industry, in the United Kingdom, the Royal Bank of Scotland merged with NatWestminster Bank, which was three times larger than the scale, which not only established its Scottish hegemony in one fell swoop, but also entered one of the largest banks in the United Kingdom, which deeply shocked the banking industry of various countries.

This series of mergers and acquisitions is indicative of the turmoil in the capitalist world, and it is also further deepening the following wave of mergers and acquisitions in various countries.

Following the merger of the Royal Bank of Scotland, the main battlefield has once again shifted to Europe.

First, BNP Paribas acquired BNP Paribas and Crédit Metropolitan, and then a storm began in Switzerland.

A series of small mergers and acquisitions began between the major Swiss state banks, and then Switzerland began to form Chapter 621, which became the Swiss Chapter 621 Group.

Immediately after that, UBS and UBS officially began to discuss the merger, if the negotiations are reached, there is no doubt that the newly established Swiss banking group will surpass Credit Suisse Group, and will become one of the world's largest financial institutions, as well as the world's largest private bank, a large foreign exchange broker, the largest asset manager, and its position in the global financial industry will be in full swing.

Affected by these news, on the same day, Zurich, Frankfurt, Paris, London and other major stock markets have risen sharply, and investors are generally optimistic about a series of mergers and acquisitions between Swiss banks.

Feeling the pressure from Switzerland, Citibank also began to look for partners, at first Citibank approached Bank of America and tried to merge with it, but was politely refused, and then Citibank and Chapter 621 joined Barclays, HSBC, H80s and Royal Bank of Scotland as one of the five largest commercial banks in the UK.

At the same time, the Royal Bank of Scotland, which had just acquired NationalWestminster Abbey and had been reorganized for several months, acquired Chapter 621 of the Scottish region, weapon system development and production.

It also has a real monopoly on the development and production of British military aircraft, spacecraft, aerospace engines, and tactical missiles, and has also become the biggest beneficiary of the Ministry of Defense's military contracts.

Immediately afterwards, under the influence of British aerospace, the military industrial complex once again made waves, and the wave of acquisitions surged again.

First of all, Aerospace France merged with Matra to form Aerospace-Matra.

Soon after, the French Cosmonautics - Matra, the Spanish aerospace company and the German Daimler aerospace company merged to form the European Aeronautics Defense Space Company.

Subsequently, European Aeronautics & Defence Space merged with Eurocopter and further expanded its scale

At this point, the European Aeronautical Defense Space Corporation has officially become the world's 621st chapter group and the world's largest multinational aerospace company.

It holds 808 shares of European Airbus, the remaining 20% of which is held by British Aerospace, and also controls Eurocopter, the world's largest helicopter manufacturer, and has a joint venture to form MBDA, the world's second largest missile manufacturer.

In addition to a series of mergers and acquisitions in Europe and the United States, mergers and acquisitions in other regions have also continued, such as Australia in Oceania, where Australian mining giant BHP Billiton has acquired Western Australian Mining Company, further establishing its hegemony.

Under pressure, Australia's Rio Tinto acquired Australia's Northern Mining Corporation, becoming the second largest mining giant after BHP.

The battle between the two major companies for Australia's mining industry has intensified, almost on the verge of sabre-rattling.

In Hong Kong, Standard Chartered Bank acquired the Bank of East Asia in Hong Kong and Jeongye Bank in South Korea to form the Bank of Hong Kong

Subsequently, Petronas Malaysia and the Chinese government cooperated to jointly develop oil near the Western Islands, with each side holding 60% of the shares and 40‰ Malaysia contributing money and technology, and the Chinese government transferred the right to develop oil fields.

In addition to the deepening wave of mergers and acquisitions, there is another thing that attracts the world's attention.

Between September and November 1988, there was a major change of government in the Federal Republic of Germany, and a large number of senior members of the Kohl government were replaced, while a large number of middle and upper-level officers in the military were replaced, and at the same time, a large number of government figures and parliamentarians were investigated.

The change of power in GermanyThe economy of the Federal Republic of Germany has also undergone great fluctuations, and the boards of directors of many large companies have changed to a great extent, of course, in a relatively smooth manner.

Subsequently, the political situation in the Federal Republic of Germany began to return to stability, and on November 11, the Federal Chancellor Kohl attended the Council of the European Council held in Brussels, and finally clarified the resolutions on the establishment of the European Union, announcing that the European Union was established on January 1, 1989, and the agreement was signed in The Hague, the Netherlands, with its headquarters in Brussels, Belgium, during which the European Community made every effort to prepare for the establishment of the European Union.

In January 1989, the countries of the European Community held a summit in The Hague, the Netherlands, and signed the Treaty on European Union, referred to as the "Hague Treaty", which entered into force on the date of signing.

The treaty was signed by 17 countries: France, the Netherlands, Belgium, Luxembourg, the Federal Republic of Germany, Italy, Ireland, Denmark, the United Kingdom, Greece, Portugal, Spain, Finland, Norway and Andorra.

The purpose of the European Union is "to promote the coordinated and balanced economic and social development of the member States through the establishment of a space without internal borders and the establishment of an economic and monetary union with the eventual introduction of a single currency", and to promote the individuality of the Union in the international arena through the implementation of a common foreign and security policy.

At the same time, the European Union raised the flag belonging to the European Union on a blue background, geometrically distributed with 12 star flags, in the middle is a huge ", surrounded by stars, according to the interpretation of the European Union, the 12-star flag represents the Virgin Mary's 12-star crown, meaning that the Virgin Mary will always bless the European Union, the middle of the big "represents the central European Switzerland, which means that the European Union is surrounded by Switzerland and that Europe will follow the example of permanent neutrality such as Switzerland, a symbol of peace.

The establishment of the European Union in 1989 was undoubtedly one of the most remarkable events at the end of the 20th century, and as soon as the European Union was founded, Canada, the United States, China and other countries sent congratulatory messages to congratulate the founding of the European Union, and at the same time hoped that the European Union could make greater contributions to maintaining world peace and promoting world development.

Subsequently, in September 1989, the Council of the European Union convened to discuss the issue of a unified currency, and the result was that the United Kingdom voted against it, and all others agreed to the resolution of issuing a unified currency---- the euro, except for the United Kingdom, which will maintain the status of the British pound, the rest of the European Union will use the euro, and the euro will be carried out in accordance with the principle of gradual progress, and gradually let the currencies of various countries transition to the euro.

However, on the same day that the news was released, a club in Rhode Island in the United States held a secret meeting, and the president of the London Bankers Association, Lilla, also held a meeting, and what was discussed at the meeting is unknown to outsiders.

However, immediately after the Rhode Island Conference, the next day, hundreds of billions of dollars suddenly entered the Federal Republic of Germany, the German stock market and foreign exchange market heated up sharply, and the circulation of West German marks increased, and at the same time, the US Treasury Secretary James = Baker questioned the exchange rate of the Federal Republic of Germany in Congress, believing that the value of the Federal German Mark was too undervalued, and asked the German Mark to appreciate.

Subsequently, the Federal Reserve Board of the United States also said that it would cooperate with the government to put pressure on the Deutsche Mark issue, asking the Federal Republic of Germany, as the largest economy in Europe, to cooperate with the planned appreciation of the value of the Mark by government intervention, otherwise the Fed will use all possible means to punish Germany.

At the same time, the US Foreign Secretary urgently informed Britain that the International Monetary Fund (IMF) had discussed the issue of De Mark.

The U.S. Foreign Minister informed the French ambassador to the United States, the Italian ambassador to the United States, and the Spanish ambassador to the United States to discuss the German question, but France and other countries refused.

The U.S. Department of Commerce then conducted an anti-dumping investigation into German cars exported to the United States, and if the investigation found that there were dumping problems in German exports to the United States, then the United States would impose anti-dumping sanctions on Germany.

This move has aroused strong repercussions in the European Union, and Western European countries have expressed strong concern about the United States' attempt to exert pressure on the exchange rate of the Federal Deutsche Mark, and hope that the Deutsche Mark will remain stable.

In order to curb the inflationary pressure caused by the possible excess of domestic circulation due to the entry of the US dollar into Germany, the Federal Republic of Germany will officially launch currency swap agreements with France, Italy, Spain and other countries to ensure the stability of German currency circulation, maintain economic stability, and maintain the stability of the Deutsche Mark during the transition period.

Time flew by, and soon it was October 1989.

At this time, there was also an in-depth discussion taking place in Hong Kong・・・・・・

"The United States is trying to take advantage of the turmoil in the Federal Republic of Germany's economic transition to deal with the mark, muddy with the EU's monetary integration, and at the same time test the EU's internal unity." "Min