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The London Agreement 1953

11 oct The London Agreement 1953

Debt repayment began soon after the completion of the LDA and was the subject of repeated discussion in the monthly reports of the Deutsche Bundesbank:7 «From the entry into force of the various DDAs in August 1953 to September 1957, no less than DM 3.17 billion. was paid in the form of ordinary and early repayment and repayment of pre-war and post-war debts paid in London» (Report November 1957, 45). . . .

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