Payback: Greek govt to launch legal battle for new WWII reparations from Germany
2013 04 24

From: RT


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



Related Articles
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

NATO Exercise in Ukraine Coincided with MH-17 Shoot-down
2014 07 24
Rapid Trident was omitted from the flurry of coverage on the shoot-down MH-17. From the U.S. Army in Europe website: Rapid Trident supports interoperability among Ukraine, the United States, NATO and Partnership for Peace member nations. The exercise helps prepare participants to operate successfully in a joint, multinational, integrated environment with host-nation support from civil and governmental agencies. ...
Warning of ’imminent’ terror attack in Norway
2014 07 24
Norwegians were warned Thursday of the concrete possibility of a terror attack occurring in that country at the hands of people with connections to an extremist group in Syria. A press conference was called in Oslo, Norway on Thursday where an announcement was made of a "possible concrete threat" to national security in that country from terrorists related to an extremist ...
Judge says government can access everything in a Gmail account
2014 07 24
All your emails are belong to us. At least that’s what the latest court order from a judge in New York says. The warrant, granted on June 11, states that the government can access all the content and files contained in a Gmail account. Yes, this is a significant blow to privacy. The subject of this specific search relates to a money laundering ...
Scotland Yard Spied on Grieving Families: secret surveillance after police victim shot seven times in head ’by mistake’
2014 07 24
More terror from the ’anti-terror’ brigade. Undercover police gathered evidence on 18 grieving families By Rob Evans and Vikram Dodd | The Guardian Undercover police officers secretly gathered intelligence over two decades on 18 families fighting to get justice from the police, it was revealed on Thursday. The intelligence covering high-profile campaigns was collected between the mid-1980s and 2005, and affected grieving families ...
Air Algerie AH5017 with 116 onboard goes missing for hours, found crashed in Mali
2014 07 24
An Air Algerie flight carrying 110 passengers and six crew members has reportedly crashed in Mali after having disappeared from radar early on Thursday morning between Burkina Faso and Algeria. A French Ministry of Defense official told Fox News that the two French fighter jets located the wreckage of the plane, which had crashed in Mali. An airport official additionally confirmed ...
More News »