Point 1 of 5 — Lesson 19: The Financial Crisis and Foreign Intervention in Egypt (from Ismail to Tawfiq)Question bank: 0 questions (0 with pictures)
01The real causes of foreign intervention
The political crisis with the European powers began because of the debts the Egyptian government had borrowed to spend on development projects, onobtaining the sultanic firmans needed for a measure of self-rule from the Ottoman State, on the Suez Canal project and the ceremony of its opening, and on introducingother manifestations of civilisation.
But debts werenot the real cause of the intervention of England and the others, for that had begun at the end of Said's rule (1862).
The main causes were:
Egypt'sexpansion to the south, which threatenedEuropean influence in east Africa — evident from Isma'il'scampaign on Abyssinia (1875);
theSuez Canal.
Confirming this, 1875 is the very yearin which European intervention began, under the pretext of finding a way to repay the debts.
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