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European Payments Union (Germany)

Volume 480: debated on Tuesday 14 November 1950

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asked the Chancellor of the Exchequer what attitude has been adopted by representatives of His Majesty's Government during the recent discussions to solve the payments problems of Western Germany and Austria as members of the European Payments Union.

The position of Germany in relation to the European Payments Union is being considered today by the Council of the Organisation for European Economic Co-operation. His Majesty's Government will support all constructive proposals for meeting Germany's present difficulties. No such question has arisen in the case of Austria.