The Greek-Turkish war of 1897 or better the "Black 97" and the great defeat that followed after 30 days of warfare, led the already bankrupt country to the large loan of 1898.
The "National Bank" undertakes to complete this case. The loan amounts to FRF 150 million. Two French banks are also the main lenders. The Bank Rotheschild and Parisbas.
In 1914, after the Balkan Wars Greece was forced to borrow again. The main factors of this loan, extremely high but necessary, are again the French banks. Société Générale, ParisBas, Comptoir d 'Escompte and Banque de l'Union de Paris: Each of these Banks undertakes to cover 16.7% of the loan. The remaining 30% is covered by English firms in co-operation with Greek banks, of which the "Bank of the East" as well as "Ethniki" is of course.
The relationships between "Ethniki" and the French and British banks, and in particular the two arms of the Rotheschild bankers' family, are of course older and are detected since the foundation of the bank. This family of bankers will play a key role since 1858, especially as regards the British family arm.
The name Rotheschild comes from a particular micro name in Frankfurt, the Zum Roten Schild, a home in essence where the name translated means "red shield". It will become the name of this family of Jewish origin. The patriarch sends his children abroad to "set up" banks. The London arm, the Paris arm, the arm of Naples, that of Frankfurt, which is taken over by the patriarch of the family and the arm of Vienna. The title of aristocracy is later awarded by Francis the 2nd of the Habsburgs while the British arm is awarded a title by Queen Victoria. The coat of arms of the family has 5 arrows corresponding to the 5 bank brackets.
If, in 1898 and 1914, the key financial factors borrowed by the Greek state are at least 70% of French interests, in 2011 it is shown that 70% of the Greek bonds belong to their portfolio on the substance but with different names due to mergers of French banking institutions. Indeed Comptoir D 'Escompte merged with other organizations. But these organizations come from all of the banking entities that began operating in France after 1840, and especially after the Franco-Prussian War of 1870.
At that time, the banking system in France is dominated by the rue Laffıte bank, where the Rotheschild family bank is based. Some economic circles call it "Last Minute Bank". When other banks fail to meet the requirements of states, interests or large banks, Rotheschild always has liquidity. Obviously it gives it at the highest rates and "unravels" giants like American railways who at some point fail to finance the huge work of East and West Coast links, breaks out states like France after the Franco-Prussian War, "breaks out" who are in a state of bankruptcy like Greece from the time of Charilaos Trikoupis until today.
With the indemnity, of course. The source of liquidity is, among other things, the giant land that the Family has. Gaias means fixed values whose valuations, especially during times of economic recession and wars, can prove to be extremely lucrative when their purchase is made at extremely low prices and their sale at extremely high prices. This particular Family is found behind every deal between states and banks, starting in 1858 with Greece and then with Austria, Italy and the list is long.
A key "interlocutor" of "Ethniki" since then, the French-British banking giant lends and collects step by step every bankruptcy - economic development of this country in the Balkans.
THE STORY JUST GOES ON ...
Maybe Rotheschild is hiding behind all of this?? stay tuned,
THE TRUTH WILL SHINE...