§ 31. Sir ROBERT GOWERasked the Chancellor of the Exchequer what amounts, if any, have been paid by the Yugoslavian Government on account of war debt owing by it to this country; and what the present indebtedness of that Government to this country in respect of such war debt now is?
§ Mr. McNEILLThe Jugo-Slav war debt to this country, after deducting all counter-claims, has been agreed at a net total of £25,317,808 as at 1st January, 1927. My right hon. Friend regrets that no payment has been made by the Jugo-Slav Government in respect of this or its other debts to this country; but negotiations are at present proceeding. His Majesty's Government have offered to fund the war debt on similar terms to those which were agreed upon in regard to the analogous debts of Rumania, Portugal and Greece; and my right hon. Friend trusts that the Jugo-Slav Government will accept this proposal, and thus take a step to re-establish the credit of their country which can only be prejudiced by the long delay in the settlement of this question.