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Germany, which had a shortage of steel and a weak balance of payments, gained iron ore mines in the Erzberg and 748 million RM in the reserves of Austria's central bank Oesterreichische Nationalbank, more than twice its own cash. [61] In the years that followed, some bank accounts were transferred from Austria to Germany as "enemy property ...
After the Second World War, there has been no serious effort among the citizens or political parties to unite Germany and Austria. In addition, the Austrian State Treaty forbids such a union and the constitution required Austria's neutrality. A 1987 survey revealed that only 6% of Austrians identified themselves as 'Germans'.
The president of the World Bank is nominated by the president of the United States and elected by the bank's Board of Governors. [17] As of 15 November 2009, the United States held 16.4% of total votes, Japan 7.9%, Germany 4.5%, the United Kingdom 4.3%, and France 4.3%.
Bank run at the Sparkasse on Mühlendamm, Berlin, 13 July 1931. The European banking crisis of 1931 was a major episode of financial instability that peaked with the collapse of several major banks in Austria and Germany, including Creditanstalt on 11 May 1931, Landesbank der Rheinprovinz on 11 July 1931, and Danat-Bank on 13 July 1931.
(Bloomberg Opinion) -- Attempts to accelerate the shakeup of German banking haven’t had much success in the past year. First, talks to combine two state-owned regional lenders fell apart; then ...
Deutsche, the largest bank in Germany, Europe's biggest economy, emerged unscathed from the financial crash but later lost its footing. Explainer: Why Germany wants a merger to underpin Deutsche ...
(Reuters) - The World Bank's fund to help developing countries better prepare for pandemics has raised $667 million from the United States and $54 million from Germany, moving it closer towards ...
A sham referendum on the Anschluss with Germany was held in German-occupied Austria on 10 April 1938, [1] alongside one in Germany. [2] German troops had already occupied Austria one month earlier, on 12 March 1938. The official result was reported as 99.73% in favour, [3] with a 99.71% turnout. [4]