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- ErAn, Franken, ArEn
FRÄNKISCHER RUNDFUNK EUROPA
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ÜBER ALLE GRENZEN HINAUS :: Week of May 30
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ÜBER ALLE GRENZEN HINAUS :: Week of May 30
Nachrichten in Kürze
News in brief
While the total exposure of Franken’s economy to the Northern Council’s more frail markets isn’t that high, Schatzkanzler (Chancellor of the Exchequer) Graf Maximilian von Montgelas provided the House of Representative’s committee for the treasury with a shortlist of endangered sub-industries and/or specific corporations. Two middle-sized banks operating from the Duchy of Schlesnitz are apparently in dire straits, as their balance sheets include way too many Batavian assets, both hard and fluid. “Luckily our tight banking regulations obliged these institutes to contribute to the private banking deposit protection scheme. So the individual customers of the Bank der Ostschlesnitz and the Bankhaus Mahlzahn will receive up to 100,000 Taler, depending on their original deposit,” the Schatzkanzler told the committee members. The committee chairman, who is traditionally from the largest opposition party faction, quizzed the minister whether His Majesty’s Government was prepared to refund any larger losses. “Of course we won’t let citizen with a sound financial background go bust due to macroeconomic woes. My ministry will carefully look into cases where more than 100,000 Talers are at stake,” Graf Montgelas replied to that inquiry. Not quite satisfied by the government's plans, the SDP leadership demanded the submission of a revamped concept that ensures citizens are protected from suffering from their bank managers' flawed decisions.
Due to the heated situation in Oceania Ministerpresident Graf Peter Solms issued a government policy declaration on the support for Anglyn before the Abgeordetenhaus today. Franken’s head of government was adamant about His Majesty’s Government resolution to allow the Anglynian government to go about its business undisturbed and sovereign. “[…] It was the sovereign decision by the Kingdom of Franken to grant its colonies independence, prompted by the likewise autonomously conceived wish of the colonial people to leave Franconian guardianship. Who are we to deny another state, which has been Franken’s fellow co-founder of the EDF, the right to choose in a sovereign manner? Is Anglyn less democratic than Franken? Isn’t its legislature as powerful as this honourable house? My government will continue to advise Franken’s ally wisely and gently: Sit down with the immediate stakeholders and discuss terms calmly and sensibly. Last but not least, we will see to it that those talks can go on undisturbed by the parties who are merely faux stakeholders.” In the late afternoon the Ministry of Defence confirmed the relocation of one active carrier task force into the Oceanic Seas for real-life exercises via its website.
The recently announced reduction of Wiese’s troops stationed on the borders with fellow Germanic League states was welcomed as a sign of the Empire taking another step towards embracing the age-old friendship with its neighbour-states. The Auswärtiges Amt applauded the Imperial Government’s plans as an excellent sign that Germanic League isn’t as dead as some people wish it would be. Come the first weekend of June the leaders of the League’s states will meet for their summer summit in Einsiedeln.