Ferdinand cherished feathers, even in order to win the coinage rights to strengthen the government's economic control, he would never take the lead!

If Ferdinand's prestige was to force his way through, even this time he had no selfish motives. One day in the future, a whole bunch of conspiracy theories will be deciphered, which will not be conducive to the rule of his descendants!

This kind of thing is more suitable for a private enterprise like Union Bank, although it is only a vest, but on the face of it, Union Bank also represents most of the business community in Bulgaria!

Moreover, the fact that private banks have the right to mint money is not news in Europe at all, everyone is used to it.

"Mr. Victor, this matter involves a lot of questions, and I can't answer you right now! But I would like to know, how much gold can you take out this time as a reserve? This is important! Kennedy said solemnly

Apparently in his heart, Kennedy had accepted the offer, and as long as the Union Bank could really come up with enough gold, it would not be impossible to let them join in!

Victor thought for a while and said: "Within a month, the Union Bank can take out ten tons of gold, we can take out twenty tons of gold in half a year, and we can raise more than 30 tons of gold in a year, which is basically the same as the current government's gold reserves!" ”

True, the gold reserves in the Union Bank are now less than ten tons, but this does not prevent Victor from bragging! Businessmen, when talking about business, naturally raise their own prices!

As for whether the Union Bank can come up with so much gold in the future, Victor is not sure, but the boss behind has already made a promise, and he dares to say it.

After being the manager of Union Bank for so long, Victor can roughly infer that there must be a big force behind Union Bank, and specifically which force is not so curious.

Listening to Victor's words, Kennedy was shocked. If Victor had said before: "Take out the same imperial reserves as the government", he still didn't believe it, but now he does believe it!

At least now there are ten tons of gold in the Union Bank, otherwise Victor would not dare to make promises!

The Bulgarian government is very strong, if you dare to deceive the government, even if the backstage of the Union Bank is very hard, you will not be able to eat and walk around, at least Viktor, the president, will be unlucky!

Kennedy had an admiring expression on his face and said with great expectation: "Mr. Victor is amazing, I have seen that Union Bank has only been established for a few years, and it is already one of the three major banks in Bulgaria.

In comparison, the Bulgarian National Bank is far from it! On behalf of the Bulgarian Ministry of Finance, I would like to extend an invitation to your Excellency to ask Mr. Viktor to take up the post of Governor of the National Bank of Bulgaria. ”

Victor was suddenly stunned, what is this operation? It was originally about business, but now why has it become a digging wall?

However, looking at Kennedy's expression, it doesn't look like he's lying. Is there any temptation to be the position of Governor of the Bulgarian National Bank?

For Victor before, there must have been, but now, he has become the president of Union Bank, and he is not so keen on that position!

"Thank you, Mr. Kennedy, for your kindness, I'm sorry! I'm having a great time at Union Bank and have no plans to change jobs! Victor shook his head and refused

Kennedy sighed and said, "Your Excellency is worried about the internal control of the Union Bank!" You can rest assured that this time the government has decided to deal with them!

If you are the president, the Ministry of Finance can give you full authority to handle all the affairs of the bank, even if you dismiss all your current employees! ”

Victor's eyes lit up, and then he faded again.

The advantages of the Bulgarian National Bank are indeed many, and if he were to be the president, he would be able to rejuvenate the old bank soon!

It's a pity that there are too many bad things in government enterprises, especially old enterprises! It's definitely not a matter of one or two days if you want to get smooth, rather than intriguing with people every day, it's better to do a comfortable job in Union Bank!

"I'm sorry, but I can't help the National Bank because of my limited capacity!" Victor thought for a moment and said

Kennedy smiled awkwardly and said, "It's hard for the strongman!" The problems of the Bulgarian National Bank have not been in a day or two, even though the government has rectified it twice, but it has not changed much!

Alright, let's move on to our previous topic!

The question of the Union Bank's participation in the issuance of currency is beyond the scope of my authority, and it is not for me to decide alone!

When I go back, I will hold a meeting of the Ministry of Finance, and if it passes, I will report it to the cabinet before I can make a final decision!

However, I think Mr. Victor can prepare gold, and even if the cabinet can't get it, we're willing to pay a high price for it! ”

……

Seeing off Chancellor of the Exchequer Kennedy, Victor had a smile on his face, knowing that it was almost done.

For the Bulgarian government, as long as it is sufficient to meet the domestic currency circulation, it is not unacceptable to divide a part of the coinage.

There are many such examples in the world, just think about the Federal Reserve, and the Americans simply cut the power to issue money from the government!

Of course, even if international capital participates, no country is willing to have foreign forces participate in its own currency issuance. The current Greece is a negative example, after the collapse of the currency, it had to turn to the great powers to restore the value of the currency, so that the European powers completely took over the financial power!

Kennedy went straight back to the Treasury and, without going to the Royal Bank again, went straight to an emergency meeting.

With the current economic volume of Bulgaria, even if it is an additional billion leva, the market can easily digest it!

But the gold reserves required for this are simply not something that the Bulgarian government can solve now, even with the addition of the Royal Bank!

Only the union of the three major banks of Bulgaria can barely solve it! Without Union Bank on board, there would be a huge gold gap!

"I just went to Union Bank, and they have a lot more gold in reserve than we expected, at least ten tons or more!

If they were given time, within a year, they could even raise thirty tons of gold!

But they also put forward conditions, Union Bank wants to join in the currency issuance! ”

As soon as Kennedy's words fell, everyone was shocked, they didn't expect that Union Bank alone had such a strong strength, and it can be inferred from this that the gold reserves of the Royal Bank are definitely not low!

The head of the currency department had a dark face, and this was definitely not good news for him! If Union Bank is on board, then Royal Bank will certainly be on board.

With the addition of two shareholders, the rights of the Currency Division will definitely be limited at that time! But now the Bulgarian bureaucracy is not completely corrupted, and he did not speak out against it for the sake of the power in his hands!

After thinking about it calmly, the director of the currency department said unexpectedly: "I have no objection to the United Bank joining in, but the right to issue currency must be firmly in the hands of the government!" Is there any way to guarantee that Union Bank is not controlled by international capital? ”

Kennedy was stunned for a moment, then reacted casually, and now the Bulgarian government has no choice at all.

Rather than allowing foreign currencies to occupy the Bulgarian market, it is better to teach your own people to control it, at least the coinage government can control it!

That being the case, then there is no need to oppose the participation of the Union Bank in the issuance of money. On the contrary, it is more important to ensure that the United Bank is infiltrated by international capital!

Of course, the Royal Bank, no one has mentioned it, the strength of the Ferdinand family is undoubted, and they don't think that any international force can control the Royal Bank!

At this time, the director of the tax department spoke: "To ensure the purity of the joint bank, we can limit it by introducing a law."

For example, ban all banks with foreign backgrounds, plus currency issuance! Or directly restrict international capital from investing in the United Bank! ”

Kennedy thought about it for a moment and said crisply, "Okay, if the others don't have anything else to offer, we'll just vote!" Right now, we're short on time, so we don't have much time to take our time to discuss it! ”

……

The results speak for themselves, there is no better way for themselves, and usually everyone will not object, which is also characteristic of the Bulgarian bureaucracy!

The clear streams who oppose for the sake of opposition have no place in the Bulgarian government! Now you can oppose any decision made by the government, and the premise is that you can come up with a better strategy to solve the problem!

This is also the atmosphere that Ferdinand has been trying to create, and anyone in the government who has a better strategy can come up with it. Even if the cabinet has already made a resolution, it can be amended!

This kind of thing happens a lot, everyone is used to it, anyway, there is a more suitable way to change, it has become the norm of the Bulgarian government. This is true from top to bottom, and there is nothing to be ashamed of!

Kennedy's efficiency was so high that it was passed by the Treasury on the same day. The next day, it was submitted to the cabinet for deliberation, and in the evening, the proposal was passed in front of Ferdinand!

Of course, there are also a bunch of restrictions on joining the bank, such as: the participating bank prohibits all international capital from entering the board of directors; More than 1 percent of the equity transactions of participating banks must be reviewed by the Ministry of Finance......

Ferdinand looked at it, and didn't find any problems, so he signed his name on the proposal, and the famous "Guaranteed Federal Reserve" came out in the future!

The specific participants have not yet been finalized, but now Bulgaria has the strength to participate, except for the Union Bank and the Royal Bank, there is no local financial institutions, this kind of big scene, not they can participate in it!