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Ostmark
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Ostmark

Name given to Austria by the German Nazi government, after the country had been incorporated into Greater Germany in 1938 (see Anschluss). The designation originated during the reign of Charlemagne, when the region served as a frontier of the German Empire against the Slavs.



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West German Deutschmarks had to be exchanged for East German Ostmarks.
They'll be ordered to change their euros into old East German Ostmarks, show their passports to buy a sausage and be warned not to carry "decadent" western literature.
German monetary and economic unification in mid-1990, in which residents of the former East Germany traded in their ostmarks for deutsche marks, led to an increase in the level of M3 on the order of 16 percent (the shift is apparent in table 3 but has been adjusted for in the figures shown in table 2).
 
 
 
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