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Hungary (British Claims)

Volume 526: debated on Thursday 15 April 1954

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asked the Chancellor of the Exchequer whether he will give figures as to the total amount of Hungarian bonds outstanding in this country; and what are our total claims, including claims for compensation for the nationalisation and expropriation of British interests in Hungary.

The total amount of Hungarian sterling bonds outstanding is estimated to be in the region of £13 million, most of which is held in this country. I regret that at the present time it is not possible to give a figure for our total claims which are still under examination.