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

Kansas City Jewish Community Center shooter: “I was an FBI Informant”
2014 04 24
Kansas City Jewish Community Center shooter: “I was an FBI Informant” …… Which is EXACTLY how we called it when this story broke a few weeks back. We also mentioned that the SPLC, just discarded from the FBI “hate” website… Would be the prime benefactor. Ex-KKK Leader Was Given a New Identity Years Before Shooting Glenn Miller Claims He Was an FBI Informant by ...
Meet AISight – The Artificial Intelligence Software Being Installed on CCTV Networks Globally
2014 04 24
If you thought that CCTV cameras tracking your every move in public was bad enough, you’re going to just love AISight (pronounced “eyesight” of course). The invention of a Houston, Texas based company called BRS Labs (which stands for Behavioral Recognition Systems) is headed by former secret service special agent John Frazzini, and this Orwellian surveillance platform brings artificial intelligence ...
Biofuel Made From Corn Waste Less ‘Green’ Than Gasoline
2014 04 24
Biofuel created from corn waste may not be the clean, eco-friendly oil alternative the United States government is hoping for. A new study has found that fuel generated from harvested corn leftovers creates more greenhouse gases than conventional gasoline — at least in the short term. The fuel under study, called cellulosic ethanol, has been touted in recent years as a ...
Swedes open coffin of 850-year-old king
2014 04 24
Scientists pried open the 850-year-old casket of King Erik the Holy on Wednesday, hoping to find out more about the king, his crown, and his eating habits. "This was a very special occasion, especially considering the importance of Saint Erik religiously in Sweden," Uppsala Cathedral Chaplain Lars Åstrand told The Local. The casket contained the bones of King ...
John Kerry and the Pope set to face off with Jewish Knight Templars on the Temple Mount
2014 04 24
This is the week that supposedly spells the end of the peace process or its end. My money is on a continuation that has no real substance or direction. What’s the alternative? With Passover and Easter over, Secretary Kerry can return to the Middle East crisis. This, after dealing so successfully with crisis in the Ukraine. [Is the author joking? - RIC] With ...
More News »