Allied Control Councils and Commissions: Allied Commission for Austria

Anonymous

International Organization, 1948, vol. 2, issue 1, 146-149

Abstract: General Occupation Affairs: On July 25, 1947, the four High Commissioners for Austria reached formal agreement on occupation costs to be assessed against Austria for the remainder of 1947, a decision which represented considerable reduction of costs and equalization among the powers. The costs for the second quarter of 1947 were fixed at a total of 131 million schillings, the Soviet share amounting to 50 million with 27 million for each of the other zones. For the third quarter occupation costs were to total not more than 120 million schillings, divided equally among the occupying powers. It was also agreed that the amount for the fourth quarter was not to exceed 110 million schillings, to be similarly distributed. Under terms of the United States “pay-as-you-go” plan, the United States was expected to purchase its schilling requirements with dollars, thereby reducing the financial burden to the Austrian Government.

Date: 1948
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