The German Government will not revise the offer it made to its foreign creditors at the London conference on Germany’s external debts. Hermann Abs, head of the German delegation to the conference, said here today. He said the German Government was prepared to make some concessions in the methods of payment but that on no account would the total amount of the German offer be exceeded. He expressed confidence that an agreement on the basis of the latest German offer was possible.
The German finance expert insisted there was a close material connection between the London conference and the reparations negotiations with the State of Israel and said they would either break down or be successful, “but I don’t believe there will be a breakdown.”
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