Size
Ottoman Empire
- In 1875 the nominal public debt was £200,000,000, with annual interest and amortization payments of £12,000,000, more than half the national revenue.
- In December 1881, the debt was reduced from £191,000,000 to £106,000,000 with the government's concessions to the OPDA.
Republic of Turkey
- During the Paris Conference of 1925, the Republic of Turkey agreed to pay 62% of the Ottoman Empire's pre-1912 debt, and 77% of the Ottoman Empire's post-1912 debt. With the Paris Treaty of 1933, Turkey decreased this amount to its favour and agreed to pay 84.6 million liras out of the remaining total of 161.3 million liras of Ottoman debt. The last payment of the Ottoman debt was made by Turkey on 25 May 1954.
Read more about this topic: Ottoman Public Debt
Famous quotes containing the word size:
“Eat your meals according to the size of your bowl.”
—Chinese proverb.
“In mathematics he was greater
Than Tycho Brahe, or Erra Pater:
For he, by geometric scale,
Could take the size of pots of ale;
Resolve, by sines and tangents straight,
If bread and butter wanted weight;
And wisely tell what hour o’ th’ day
The clock doth strike, by algebra.”
—Samuel Butler (1612–1680)
“O hideous little bat, the size of snot,
With polyhedral eye and shabby clothes,”
—Karl Shapiro (b. 1913)