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The Heinkel He 111, one of the technologically advanced aircraft that were designed and produced illegally in the 1930s as part of the clandestine German rearmament. German rearmament (Aufrüstung, German pronunciation: [ˈaʊ̯fˌʀʏstʊŋ]) was a policy and practice of rearmament carried out by Germany from 1918 to 1939 in violation of the Treaty of Versailles, which required German ...
Schacht was one of the few finance ministers at the time to take advantage of the end of the gold standard to increase deficit spending. [20] This was particularly useful in allowing Germany to rearm because the Mefo bills were not Reichsmarks and did not appear in the federal budget, so they helped conceal rearmament. [25]
As Germany was rearming against the terms of the Treaty of Versailles, the Nazi government needed a form of money that did not leave a paper trail and allowed them to spend past the treaty terms on military rearmament. [2] It is assumed that billions of MEFO bills were issued throughout the regime's time in power, though the records are not ...
While Germany initially had a trade deficit, British policy during the early 1920s was to reintegrate Germany into European trade as soon as possible. Likewise, France attempted to secure trade deals with Germany. [122] During the mid-to-late 1920s, trade between France and Germany grew rapidly.
The Hossbach Memorandum is a summary of a meeting in Berlin on 5 November 1937 attended by German dictator Adolf Hitler and his military and foreign policy leadership in which Hitler outlined his expansionist policies.
The Treaty of Versailles placed several restrictions on German ownership of munitions and other arms and limited the army to just 100,000 men. Under the terms of the treaty, poison gas, tanks, submarines, and heavy artillery were prohibited to German forces, and Germany could not import or export "war material" (a vague term that was not clearly defined). [1]
By Yuliia Dysa (Reuters) -Denmark said Europe needs to rearm more quickly as it became the latest NATO member to sign a 10-year agreement on security cooperation with Ukraine on Friday, the eve of ...
The cost-of-living index was 41 in June 1922 and 685 in December, a nearly 17-fold increase. [13] After Germany failed for the thirty-fourth time in thirty-six months to pay an instalment of in-kind reparations of coal, in January 1923 French and Belgian troops occupied the Ruhr valley, Germany's main industrial region. 900 million gold marks ...