Payback: Greek govt to launch legal battle for new WWII reparations from Germany
Greece has officially declared it will seek reparations from Germany dating back to the Nazi occupation during World War II, which could amount to over €100 billion, likely putting further strain on relations between the two Eurozone countries.
"We will exhaust every means available to arrive at a settlement," Greek Foreign Minister Dimitris Avramopoulos told parliament in Athens on Wednesday. "One can’t compare the times, but also one cannot erase the memories."
A Greek Finance Ministry report leaked to local media earlier this month showed that Greece believes that Berlin owes it €162 billion – €108 billion for infrastructure damage during the occupation between 1941 and the end of the war, and €54 billion as compensation for an interest-free loan Germany took from the country to support its war effort.
If paid in full, the sum would nearly empty the national currency and gold reserves of Germany (€185 billion as of last month), though this would still not be enough to cover Greece’s national debt (over €350 billion).
Demands for such a reparation scheme have been voiced intermittently by Greek politicians over the past 60 years, but have gained renewed energy amid the recent financial crisis, in which the country has been subjected to tough austerity measures in exchange for largely German-backed loans.
The latest campaign is driven by radical Socialist opposition leader Alexis Tsipras, and is supported by 4 out of 5 Greeks, according to polls.
It remains unlikely that Germany will part with the money voluntarily.
Read the full article at: rt.com
German Caught Allegedly Sneaking A Half-Ton Of Gold And Silver Out Of Greece
Greece is bankrupt. Full stop. Game over.
Latest News from our Front Page
Netanyahu ‘spat in our face,’ White House officials said to say
The White House’s outrage over Prime Minister Benjamin Netanyahu’s plan to speak before Congress in March — a move he failed to coordinate with the administration — began to seep through the diplomatic cracks on Friday, with officials telling Haaretz the Israeli leader had “spat” in President Barack Obama’s face.
“We thought we’ve seen everything,” the newspaper quoted an unnamed senior ...
The Return of the Protected Jewish Minority in Europe
Contrary to the standard narratives of Jewish ‘history,’ a prominent feature of the historical presence of Jews in Europe has been their protected status. The common context for this status was a symbiotic relationship between the Jewish minority and exploitative or tyrannical elites. As agents of the feared elite, as foreigners, as exploiters in their own right, and with interests ...
Truth Revealed: McCain’s ‘Moderate Rebels’ in Syria ARE ISIS
Poor John McCain and Lindsey Graham, Washington’s real first couple. They only want to arm the ‘moderate opposition’ in Syria. Three years on, how come their master plan isn’t working, while ISIS has grown so strong?
Despite what media lauded as, “the largest demonstration in France’s history – bigger than liberation at the end of WWII!” (can you rightly compare the ...
European 'No-Go' Zones: Fact or Fiction?
Comment: This is an interesting article about Muslim no-go Zones in Europe. However, keep in mind that the focus in this piece is not addressing the root of the problem, but a symptom of the problem. Yes, there is an issue with large Islamic colonies in Europe today, but the article mentions nothing about who has changed the immigration laws ...
A Radical Traditionalist Critique of the Anti-Islam Movement
The terrorist attack against the staff at the magazine Charlie Hebdo in Paris shook an entire continent. In a European climate in which protests against the perceived Islamization of our civilizational sphere becomes ever more widespread, showing in increased electoral success for moderate nationalist parties, as well as in expressions of mass public dissent, the recent resurgence of violent Islamic ...
|More News » |