Payback: Greek govt to launch legal battle for new WWII reparations from Germany
2013 04 24
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
Pentagon launching missile defense blimps to patrol East Coast
The US Army is set to begin testing its blimp-like surveillance airships, designed to help the military detect and destroy cruise missiles from attacking the nation’s capital and other East Coast cities.
The blimps at the center of the tests in Maryland are unmanned, 80-yard long, helium-filled aircraft that can float up to 10,000 feet in the air. At that height ...
Sony Just Canned 'The Interview' in the Wake of Terrorist Threat
Sony has cancelled the cinematic release of The Interview in the wake of its cyberattack after the five largest cinema chains in the country decided not to run the film.
"Sony Pictures has been the victim of an unprecedented criminal assault against our employees, our customers, and our business," Sony wrote in its first statement on the matter, as reported ...
Sweden is so deranged, there are no words to describe it – Danish politician
Politically correct Sweden is such a deranged society that there is no term in social science sufficient enough to describe it – argues Pia Kjærsgaard the Danish People’s Party former leader
In this article in Den Korte Avis, Kjærsgaard marvels at the fact that the politically correct are so desperate that they have graduated from using worn-out epiteths such as neo-fascists, ...
U.N. sending thousands of Muslims to America
The federal government is preparing for another “surge” in refugees and this time they won’t be coming illegally from Central America.
The U.S. State Department announced this week that the first major contingent of Syrian refugees, 9,000 of them, have been hand-selected by the United Nations for resettlement into communities across the United States.
The announcement came Tuesday on the State Department’s ...
Why You Should Watch Beheading Videos
Modernity is a dream. It is a dream that we can make the world something other than what it is through technology, prosperity, and above all “education.”
People will able to pick their own “gender.” Different cultures, races, and religions can blend into one seamless, corporate-friendly whole. And violence and death, it is implied, will be wished out of existence.
Today, a ...
|More News » |