Payback: Greek govt to launch legal battle for new WWII reparations from Germany
2013-04-24 0:00

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

UK Police Tell Subjects Not to Harm Their Attackers, Get a Rape Alarm
2015-07-01 1:17
The latest dispatch from the United Kingdom’s ongoing campaign to eliminate all forms of armed self-defense seems too incredible to be true. Unfortunately, after tracking down the origin of a publicly distributed statement regarding self-defense products on the country’s “Ask the Police” website, we can confirm that British subjects continue to live at the mercy of their potential attackers.  Even ...
Activists Plan to Burn American Flags in New York City Ahead of Fourth of July
2015-07-01 1:52
Burning the flag in Charleston, South Carolina on June 22, 2015 A group calling for the immediate disarmament of the New York Police Department plans to burn American flags in a Brooklyn park on Wednesday, just days before the Fourth of July holiday. “Disarm NYPD” announced the “Burn the American Flags” event on Facebook, inviting individuals to join the organization at Fort ...
Ruiz: Diversity of New York City languages makes staying involved in kids’ education difficult for immigrant parents
2015-07-01 1:08
Immigrant parent seek better translation and interpretation services from the Department of Education at the New York Immigration Coalition. New Yorkers, who come from every corner of the world, speak 180 languages. Not surprisingly, nearly half of public school students speak a language other than English at home. This makes life difficult for the city's Department of Education, which, according to federal ...
Ethnic Studies to Become Mandatory in Sacramento Schools by 2016
2015-06-30 22:36
The fourth most diverse school district in the nation is finally adding an ethnic studies graduation requirement—in 2020. The Sacramento City Unified School District's Board of Trustees unanimously approved the proposal from its Student Advisory Council on June 4. The proposal will create an ethnic studies pilot program for fall 2016. In collaboration with community organizations, local university professors and college students, ...
It Begins: New Calls To Strip Churches of Tax Exempt Status After Same-Sex Marriage Ruling
2015-06-30 20:22
For years conservatives and proponents of religious liberty in America have warned that if same-sex marriage became legal, the left would then pursue revoking the tax exempt status for religious institutions, particularly Christian churches, around the country. Just days after the Supreme Court ruled in a 5-4 decision that gay marriage is a constitutional right, progressive activists like Mark Oppenheimer of ...
More News »