Jump to content
Mayhem Requiem
economy

Greece: Germany owes us 279 billion Euros for WWII damages


Redstreak

Featured Posts

Redstreak

Germany owes Greece 279 billion euros in compensation for war damage. At least that's what the Greeks say. The Germans say the claim is nonsense.

The issue of German war debt towards Greece has been raised many times before -- most recently in 2010 and 2012, when Greece was negotiating the terms of its 240 billion euros ($260 billion) international bailout package.

But this is the first time Athens has put an official number -- roughly $300 billion -- on World War II reparations.

The German government has -- again -- dismissed the claims, saying the matter has long been closed. "They won't get their debts paid by conjuring up German obligations from World War II," German finance minister Wolfgang Schaeuble told German media last month.

Germany paid Greece 115 million marks in 1960, as required by reparation agreements. On top of that, it also paid compensation directly to individual victims of the Nazi regime in Greece -- forced laborers, for example.

Berlin says the issue of reparations was settled once and for all by the international treaties that cleared the way for German reunification in 1990.

Greece did not lodge a protest against those agreements at the time.

But the Greek government now says the 1960 payments were not enough.

"The 1960 agreement provided reparations only for the victims of Nazism in Greece, not for the damage inflicted on the country itself," Prime Minister Alexis Tspiras said in March, when he launched a commission to establish the size of the claim and suggest ways of resolving the dispute.

Athens also says those reparations did not cover an interest-free loan that occupied Greece was forced to make to the Nazis in 1942. The loan was never repaid.

The estimate of damages comes as Germans are losing patience with Greece over its attempts to renegotiate the terms of its massive bailout.

Germany itself has lent Greece 56 billion euros.

The Greek government has not made any formal request for reparations but opinion polls show a claim would have widespread popular support in Greece, which is struggling to avoid another financial collapse.

But Tspiras went as far as suggesting Greece could start confiscating German assets if Berlin refuses to pay.

That was described as "bizarre and impertinent" by German media.

 

 

http://money.cnn.com/2015/04/07/news/economy/greece-germany-war-damages/index.html

Take a moment to think of just flexibility, love, and trust~
Link to post
Share on other sites

Morphine Prince

Aren't they doing really bad right now? Seems like they're desperate for money with this claim. 

(Don't kill me, I'm not so informed on this, this is just what it SEEMS like) 

Link to post
Share on other sites

AM98GJ

Idk why they're even asking, there is no way in hell Germany will give them the money :air:

Link to post
Share on other sites

Miker

It's like taking something back to the store after 50 years for a refund. Greece is in trouble. :wtf:

Mars..........or bust!
Link to post
Share on other sites

Cody Draco

Nnn I'm part Greek but I'm American born and raised so... Greece you're being tragic. :awkney:

 

Link to post
Share on other sites

Cody Draco

It's like taking something back to the store after 50 years for a refund. Greece is in trouble. :wtf:

​This is reminding me of Azealia wanting the U.S. government to pay reparations to black people for slavery they weren't a part of. :emma:

 

Link to post
Share on other sites

Morphine Prince

Nnn I'm part Greek but I'm American born and raised so... Greece you're being tragic. :awkney:

 

​Apparently Europeans hate when Americans say that lol. 

Link to post
Share on other sites

Cody Draco

​Apparently Europeans hate when Americans say that lol. 

​Europeans tend to have a snobby superiority complex, yet they claim to hate how patriotic some Americans are lol.

I don't know much about economics, but I don't see how Greece can blame Germany for their economic problems. It's their job as a country to manage their own checkbook. :giggle:

 

Link to post
Share on other sites

Supersonic

Well I guess you could say all the money we paid you to keep your country together, that we actually weren't allowed to pay due European laws but paid anyway, amounts to quite a similar sum of money.

Link to post
Share on other sites

Woolfsmck

Shake down ... 

Nazi's were mean rotten so n so's ...

Post WWII Germany had to repay a lot of damages with no real means since they got bombed to bits and invaded. 

Their recovery is pretty amazing and what Germany is now has nothing in common with the Nazi era.

Greece is probably gonna look at other countries doing well economicly and demand something from them too.

like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true
Link to post
Share on other sites

Melech

Nnn I'm part Greek but I'm American born and raised so... Greece you're being tragic. :awkney:

 

​"part Greek". :smh: 

 

On-Topic: Greece won't get money for this. The only solution is a federal Europe with one single government. 

 

Link to post
Share on other sites

Embarrasing. By their logic, how many trillions does Spain owes to Latin America? :hunty:

Latin America was part of the Spanish Crown, the actual countries detached themselves from the spanish kingdom. This countries were formed when the crown lost the soberany there, they did not develop from the pre - columbian civilizations. Greece was already a country when the war started.

So nothing :tea:

Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...