In order to regulate the conversion from a planned to a market economy, the governments of the GDR and the FRG negotiated a treaty on the creation of a monetary, economic, and social union. The treaty detailed the process of introducing the DM [Deutschmark], spelled out the provisions for monetary …
Leer »FRG-GDR, Treaty on the Establishment of German Unity (Unification Treaty)
The Unification Treaty was the result of intense negotiations between the GDR and the FRG. It provided for the reorganization of the GDR’s administrative districts [Bezirke] into five federal states [Bundeslander] that would accede to the Federal Republic of Germany under the terms of Article 23 of the Basic Law. …
Leer »Finance Convention (Bonn, 26 May 1952)
The United States of America, the United Kingdom of Great Britain and Northern Ireland, and the French Republic, of the one part, and the Federal Republic of Germany, of the Other Part, Agree as Follows: Article 1 In the present Convention the following terms shall, unless the context otherwise …
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