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An unusual friendship – Major General von der Goltz and J. K. Paasikivi
…Division from April to December 1918, actually only accounted for a small proportion of his entire military career. However, this left such a deep mark on him that he felt…
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Paasikivi and government borrowing in the years of uncertainty
…the issuance of a new bond loan to finance railway infrastructure investments. Funds were desperately needed but obtaining loans in the new market situation proved to be far from easy….
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J.K. Paasikivi and his economic legacy
…the loan was approximately equal to 60 per cent of the state’s annual tax revenue. Obtaining the loan from the financial markets of Paris, which Finland had previously relied upon,…
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