/ world today news/ Germany to pay Greece 278.7 billion euros in compensation for the damage caused during the Nazi occupation.
This was requested by the Greek Deputy Minister of Finance, Dimitris Mardas, during a meeting of the special parliamentary committee on government debt issues. “The report on the reparations we requested has already been handed over to the political leadership of the Finance Ministry,” added Mardas.
According to Mardas, 10.3 billion euros out of all 278.7 billion are in compensation from the so-called “forced occupation loan”. The rest of the amount is related to the compensation of individuals and the destroyed infrastructure. At the Paris Conference in 1946, the amount set was $341.2 billion at the prices of the time.
Germany, in the person of Chancellor Angela Merkel, earlier flatly refused to pay the amount requested by Greece. Athens, for its part, insists that the case be dealt with by the International Court of Justice. The issue of reparations was raised by the new Greek government immediately after it gave indications that it did not intend to service the country’s foreign debt under the terms agreed with creditors by its predecessors.
Athens / Greece
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