"Such a plan would put too much pressure on the government's finances, and it would require reducing spending in other sectors."

When Florica was asked by Karaturi, Chancellor of the Exchequer Albert spoke out the biggest problem with his plan.

Yes, others would not dare to say such things, and only the Chancellor of the Exchequer would dare to say this. He continued: "At present, according to the projections of the Ministry of Finance, the revenue for the next fiscal year should be 2.6 billion lei. ”

This seems to be not bad, enough to meet Karaturi's plan. However, this cannot be done in this way, there are too many places to spend money in Romania at the moment. Military spending alone accounts for 31 percent, and other public expenditures such as scientific research, education, and medical care account for a significant proportion. Combined with the cost of investment in the new territories, Romania's fiscal expenditures have long been higher than its revenues.

"We can issue government construction bonds, which can help us raise upfront capital."

Faced with the chancellor's financial objections, Karaturi had no choice but to think of what he could do.

"It's bond issuance again, don't you know that there are enough bonds issued by the government at the moment?"

In the face of Karaturi's words, Chancellor of the Exchequer Albert felt a wave of anger rise in his heart.

He has his own reasons for saying this, and this year 800 million lei of government bonds alone have been issued, and Chancellor of the Exchequer Albert is already anxious about this. He has told the prime minister more than once that Romania's finances have reached a warning line and that the scale of the debt can no longer be expanded. Moreover, the current financial situation in the country is not very good, and the sales of government bonds are not high. Abroad, sales are still good in New York, and Romanian bonds in London and Paris are not easy to sell.

This is not to say that 800 million lei government bonds will make it difficult for him, the chancellor of the exchequer. Rather, the current size of Romanian government bonds has reached 7.6 billion lei, more than half of which are long-term bonds of more than 10 years. Among these bonds, long-term bonds from around 1910 had already entered the stage of centralized exchange, so this was the main reason for the current financial constraints in Romania and the source of his troubles.

Seeing that almost everyone was opposed to Karaturi's plan, Brettianu, as the prime minister, could not help but speak at this time.

"Is there really no other way to solve this fund?"

"At the moment the Ministry of Finance is really out of money, unless the size of the army is reduced and the equipment purchased from Germany is reduced."

Chancellor of the Exchequer Albert's words made the Prime Minister feel a little powerless. Whoever mentions the method of reducing military spending will be unlucky, not to mention the current ups and downs in the situation in Eastern Europe and the newly acquired territories. The military, which has only been promoted to two marshals, is currently in a high spirit, and it is enough to face the anger of the military. This proposal can only be abandoned.

As for the second proposal, it is even more blinding. Because this is a project that King Eder personally grasped, it is not easy to get money from the king. However, thanks to Eder's more sensible reasoning, as long as he can say that His Majesty himself can be moved, it will be easier to get support than to deduct money from the military leaders.

But even if the Chancellor of the Exchequer gave two conditions, Prime Minister Bretianu wanted to see if there was any other way.

"Is there any other way, such as continuing to issue bonds, and we can give higher interest?"

In the face of the Prime Minister's inquiry, Albert, who was in charge of the money bag, immediately complained bitterly: "Your Excellency, the interest rate on the bonds we issue abroad is high enough. The yield on 10-year bonds has reached 6.27% per annum, which is already very high among countries. At present, the bond market is close to saturation of our bonds, and if interest rates are raised, the pressure on the government will be very great. We must ensure that we will not be run on maturing debt in the future. ”

The Chancellor's words were a bit of a headache for His Excellency the Prime Minister, as he supported Karaturi's proposal. As the Prime Minister of a country, he can see the role of Karaturi's plan for the future of Romania, which is why he supports it.

And the Chancellor's words really embarrassed the Prime Minister, who knew that many people in the government were peeping at the Yellow River in His Majesty's hand. It's not that he doesn't want the gold in the king's hands, but he also wants to take it out. It's just that the money is too difficult to pay, and he is deeply resistant to it.

The last time I was able to get the money, it was because it was mainly for war reasons, which was related to the triple interests of the military and the government and His Majesty, so it was so easy to get the money from the king. And now if you want to get this money from Your Majesty, it is very difficult for the reason of the Sword Saint Heavy Industrial Zone alone, which makes the Prime Minister very worried.

For this reason, he had to ask Karaturi: "Can this plan be smaller?" At present, the government's other expenditures are too large and cannot be reduced. Make a plan that is easy to pass first, and then slowly expand when the finances are comfortable. ”

Seeing that the prime minister was also talking about downsizing, Karaturi cried out aggrieved. "Prime Minister, at the moment this plan is the best for the economy and national strength, and many projects are completely immovable, which are closely related industries, such as oil extraction and chemicals, steel smelting and equipment manufacturing. Moreover, even if it is reduced in scale, it will have a small effect on the invested funds. For example, infrastructure such as roads, water and electricity, it is impossible to reduce the amount of money invested in the early stage.

In addition, if the scale is small, the ratio of investment and income will be quite cost-effective in the future. Moreover, the investment of these funds is also very beneficial to the stability of the local area, and will also play a leading role in the long-term peace and stability of Romania in the future. ”

What Karaturi said made the prime minister even more headache. It was found that too many resources were also a problem, and the government had no funds to develop them.

"I'll think again."

The Prime Minister, who has a difficult choice, has chosen to postpone this difficult issue.

This was the end of the meeting to discuss the construction of the heavy industrial zone, and the officials left the venue one after another. Karaturi could only pack up his things and prepare to go back to his department to discuss it again.

"Wait a minute, Your Excellency Karaturi."

The Prime Minister was born at this time and stopped him.

When only the two of them remained, Prime Minister Brettianu sent the rest of the staff out, and then he spoke: "Karaturi, there is one thing I want to tell you alone. ”

"Please, Your Excellency Prime Minister."

"In this year's election, I would like to resign as party chairman."

Karaturi, who was completely unprepared, was shocked on the spot, and he couldn't help but speak; "Why?"

During the 10 years of Bretyanu's tenure as prime minister, the Romanian economy grew by leaps and bounds, nearly tripling in size compared to before. Externally, Romania negotiated a huge new territory.

Although there are various other reasons for these contributions, who can ignore his role in them. Even now there are newspapers that refer to him as Romania's greatest statesman, and the little bit of peeping into the prime minister's position that Karaturi had had long since faded into his mind over time. It can be said that as long as he runs for election this time, the post of prime minister will not escape from his palm.

"The main thing is that I'm a little tired and want to let go of this responsibility."

In the face of the Prime Minister's rhetoric, Karaturi did not believe it at all. As a politician, there must be other reasons why he doesn't want to be prime minister again, but he won't continue to ask. So he could only continue: "If you feel tired, then you can take a long vacation first." ”

Listening to Karaturi's comforting words, Brettianu was also able to say, "Okay, take a vacation when you are free." But I said that it is true, the government has been busy all these years, and I have not been with my family for a long time, and I feel a little indebted. ”

That was the end of the conversation, but in Karaturi, the thirst for the prime minister's position returned. I can't figure out why the prime minister would say such a thing, but someone can certainly imagine it.