Thursday, April 18, 2019

Germany owes Greece €270 billion stem from WWI

Greece’s parliament on Wednesday began debate on a resolution to demand the payment of German war crime reparations. The issue has long been disputed by Berlin. “These demands are always active.

They were never set aside by Greece,” parliament chairman Nikos Voutsis said earlier this week. The chamber is expected to approve a resolution calling on the government of Premier Alexis Tsipras “to take all the necessary diplomatic and legal steps to claim and fully satisfy all the demands of the Greek state stemming from World War I and World War II,” AFP reported. 
Germany owes WW11 debts to Greece, Poland and others who never signed up to the cozy arrangement arrived at by “super powers” to absolve it. Didn’t do anything for us, mind. 
In 1942, Nazi Germany forced the Greek national bank to pay out an interest-free loan to the tune of 476 million Reichsmarks. Germany still owes Greece about €11 billion.
A parliamentary committee last year determined that Germany owes Greece at least €270 billion ($305 billion) for World War I damages and looting, atrocities and a forced loan during the Nazi occupation in World War II. DW tweets

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