Chapter 90 After the Formation of the European Union

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Joseph, who had signed the document on the entry of the Principality of Nord into the European Union and had nothing else to do, left France the next day. Because Joseph is the only monarch among the EU member states, the heads of state need to be careful about what they say to him, and they simply choose not to approach him in order to avoid unnecessary trouble.

Of course, Joseph's age is also one of the main reasons for his early departure, how does Joseph look awkward in a group of middle-aged and elderly people, not to mention that everyone else is Joseph himself has this feeling.

A few days after the establishment of the European Union, the French delegation paid a goodwill visit to China, and the two sides unanimously agreed to formally restore Sino-French relations after talks.

If he was a Chinese citizen, Joseph would be happy about this, but he was now the monarch of the Duchy of Nord, and this matter was not in his interests or that of the Duchy of Nord. To be precise, once China has many friendly friends in Europe, then some interests are destined to be thinner, especially when the Nord principality is small and weak.

However, such a thing could not be avoided, and China's economy began to rise, occupying an increasing share of the world market, and even the United States and the Soviet Union could not ignore China's position in the world. To put it in an ugly sentence, Huaxia at this time is a piece of fat, and Britain, France and the United States are like a pack of hungry wolves, and now they are all eyeing up and ready to swallow this whole piece of fat.

Fortunately, the action of the Principality of Nord was relatively early, and a large number of Nord businessmen have been investing in Huaxia since last year, and although the return is not very obvious now, the potential has been very obvious.

Huaxia's labor costs are low and the quality is also guaranteed, in this case, excluding some tariffs and operating costs, most of the goods profit can reach 30%, 35% or even more.

Audi has already built a joint venture with Huaxia, and the government is very face-saving to treat the cars of the Audi joint venture company as special vehicles for government units, and these profits alone are a lot of money every year.

Now what the industry and commerce of the Principality of Nord need to do is to seize the time to seize the European market, the establishment of the European Union has reduced tariffs between EU member states to the extreme or even no tariffs, a large number of goods in Nord are the most popular and best-selling goods in Europe and even the world, it can be expected that the next period of time is a period of crazy growth of the EU economy.

The Principality of Nord is the spokesperson of morality and fashion, but no one has seen the educational and technological achievements of the Principality of Nord, the firm combination of industry and commerce of the Principality of Nord and the Academy of Sciences of the Nord has made the goods of the Principality of Nord born at a miraculous speed, for example, the Principality of Nord is now the hottest clothing industry, and the annual output of clothing alone can meet the needs of the whole of France.

At this time, it was close to the end of the year, and the sales of clothing in the Principality of Nord accounted for 25% of the GDP of the Principality of Nord, which has been a considerable increase compared to last year, and Joseph was very happy about this good phenomenon, because what Nord deserved to come up with was no longer Audi.

If you look at the specific data, you can find that the rise of the garment industry in the Principality of Nord is mainly in the second half of the year, that is, after the establishment of the European Union, in just two or three months, the sales of several brands of Nord clothing have far exceeded the sales in the first half of the year.

In 1981, the GDP of the Principality of Nord was only 23.5 billion euros, and now in November, the GDP of the Principality of Nord has exceeded 30 billion euros, and the rate is still increasing rapidly.

The stock market of the Principality of Nord is a hot mess, and the clothing of luxury brands such as Hermès, Chanel, and Armani, which were thunderous in the past, are now the top luxury brands promoted by the Principality of Nord to the world.

Hermes, Chanel these groups have not changed roughly, the only thing that has changed is the addition of a few shareholders, the relocation of the headquarters address from France to the Principality of Nord, the French government is very dissatisfied with this, but in the current situation can only be temporarily tolerated, after all, the Principality of Nord is not so easy to bully at this time, did not see the United States and the Soviet Union choose to back down?

Although the Nord industry and commerce are so hot, the Nord treasury is still empty, there is no way, now the Nord Principality needs to invest in too many places, even if 60% of the loan has been repaid, but the money is still not enough for the construction costs.

Satellite launch center, large-scale LAN construction, national forest park construction, subway project, and bridge construction between the mainland and the first overseas area (Royal Island) ......

According to the budget of the Ministry of Finance of the Principality of Nord, the start-up cost of these projects alone is as high as tens of billions of euros.

Fortunately, these projects will be put on the stock exchange in the form of a public offering, which is a sure-fire business, so the stock market stipulates that these shares are only allowed to be purchased by Nord citizens, and there is a certain upper limit.

Naturally, the international financial predators will not give up such a good thing, and they have lobbied some giants of Nord industry and commerce, wanting them to help buy the trading rights of Nord Principality's stocks, but ......

The Duchy of Nord may be arguably the country with the most spare money in the world, and there is no way to spend it anywhere other than travel, luxury, restaurants and food.

Of course, with the increase in the number of the Nord principalities, the government is beginning to be unable to maintain such high benefits, but it is impossible to reduce them, and the cabinet is trying to increase the pension as a benefit.

It looks like a benefit, but it's not, and unlike other benefits, there is a fee to be paid every year. Of course, the cost of the Duchy of Nord is much less than that of other countries. With the support of this money, coupled with the foundation of Nord technology agriculture, the only loss-making education and medical care in the Nord Principality have also begun to have some guarantees.

If the affairs of the Principality of Nord are all state affairs, then Joseph's own changes are not small, the first thing to say is the problem of his private wealth, with the improvement of the Nord economy, the income of the Nord royal family this year has reached 3.5 billion euros, compared with last year's increase is almost doubled.

However, this wealth still did not make Joseph occupy the position of the richest man in Europe, but he also slightly improved one place to the second position. Although Europe's position has advanced only one place, Joseph has already ranked 32nd among the world's richest people, up 20 places from 53 last year.

However, this is not a good thing, because most of the country's wealth is concentrated in the hands of one person, which is not conducive to the development of the market economy, so the next year Joseph has to spend the money lavishly.