Financial stabilisation (ATTN: Pelasgia)

[Sikandara]

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[/div]THE HIGH COUNCIL OF GOVERNANCE
Ministry for Foreign Affairs

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Given our established diplomatic relations, we are sure that the Government of Pelasgia is well aware of the problems plaguing the economy of its southern neighbor. In recent times, on account of the dastardly Serenien/Eiffellander war and the Post-Delegationist mischief in the Long Sea, Sikandari exports other than oil have been affected adversely which has resulted in a massive depreciation of the currency and of an increasingly concerning current account deficit.

In light of the above, we must request an immediate disbursement of 6 billion euromarks in an effort to immediately stabilize the economy and to ensure that the Empire does not default on its payments to creditors in the short-term.

It is hoped that the Pelasgian Government will ensure the COMPLETE SECRECY of this arrangement. Furthermore, the Chancellor assures the Government of Pelasgia that His Majesty The Emperor shall not be a source of controversy in this regard, as his courtiers have been instructed to keep him distracted when he is to place the seal on the final agreement.

Under the authority of His Excellency Chancellor Musa Hayreddine

 

[Pelasgia]

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Ministry of External Affairs
Private Communiqué​

ΑΣ 2201/2019 | Ἄκρως Ἀπόῤῥητον | Ἔκτακτον-Ἀστραπιαῖον
Propontis, 20 May 2019

To the attention of the Honourable Minister of Foreign Affairs of the Empire of Sikandara.

Honourable Sir,

His Imperial Majesty's Government has indeed been paying close attention to the financial woes of our neighbours to the south. We ourselves have a rather large oil-export market, and do thus appreciate the effects global events affecting the price of oil can have on oil-dependent economies, such as that of your own country.

We have long held esteem and friendly sentiment towards our Sikandari neighbours. With this in mind, we would be willing to provide the requested loan to the Government of Sikandara. The loan will be broken down thus:

1.5 billion from the Bank of Propontis
0.5 billion from the Aeolian Bank of Commerce
1 billion from the Imperial Bank of Himyar
0.75 billion from the Kyphtic Bank of Cassandris
1.25 billion from the Bank of Iolcus
1 billion from the Bank of Trapezon

The above values are in current Euromarks, though the actual funds will be provided in Pelasgian Hyperpyra. The dispersion of the loan into smaller sums will help to ensure its secrecy. To ensure the cooperation of the relevant banking institutions, the loans will be guaranteed by the Pelasgian State and will be subject to standard interest rates for sovereign debt. Further, to ensure our own State's safety in case of default, we must ask that the agreement be governed by Pelasgian Law. As requested, the individual agreements and the overall deal will be kept completely secret.

However, it must be assured that your side will interact with His Imperial Sikandaran Majesty as needed to ensure that the deal is not compromised by unforeseen developments. We place our faith in you in this matter.

Signed and sealed,

Emmanouīl L. Avgīros
Minister of External Affairs
Senator by virtue of office

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[Sikandara]

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[/div]THE HIGH COUNCIL OF GOVERNANCE
Ministry for Foreign Affairs

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We confirm the circumstances outlined by the Government of Pelasgia.

Under the authority of His Excellency Chancellor Musa Hayreddine