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:
“O hideous little bat, the size of snot,
With polyhedral eye and shabby clothes,”
—Karl Shapiro (b. 1913)
“Learn to shrink yourself to the size of the company you are in. Take their tone, whatever it may be, and excell in it if you can; but never pretend to give the tone. A free conversation will no more bear a dictator than a free government will.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Men of genius are not quick judges of character. Deep thinking and high imagining blunt that trivial instinct by which you and I size people up.”
—Max Beerbohm (1872–1956)