- Apr 5, 2010
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Nothing like bringing up a 70 year old claim that has already been adjudicated repeatedly in an attempt to stave off the bill collectors.
Greece Seeks to Make War Reparations Part of Debt Debate - WSJ
Some excerpts:
Greece also participated in the Marshall Plan, where the US provided funds to re-build non-communist Europe after the war.
Greece Seeks to Make War Reparations Part of Debt Debate - WSJ
Some excerpts:
Greece, Mr. Tsipras said in his inaugural address in parliament, has “a moral obligation to our people, to history, to all European peoples who fought and gave their blood against Nazism” to pursue the reparations. The country was ravaged during the Germans’ four-year occupation, a history that remains fresh despite the passage of time.
The leftist prime minister’s move to confront Germany with what most Greeks see as Berlin’s outstanding debt to Athens is a theme that has played out repeatedly in his first days in power, as the new government has tried to use a mix of economic argument and moral suasion to win leniency from its creditors.
Berlin insists the reparations issue is resolved. Over the past 70 years, Germany has paid tens of billions of dollars to other states and Nazi victims. That includes about $54 million to Greece and its citizens in the 1950s and early 1960s, an amount that would be roughly $450 million today when adjusted for inflation.
Greece also participated in the Marshall Plan, where the US provided funds to re-build non-communist Europe after the war.