Friday, January 30, 2015

Greparations Day

Greece has turned the calendar back to 1942;
Greece owes Germany billions of euros. Or is it the other way around? Seventy years after the end of World War II, Athens and Berlin are still at odds over costs incurred during the Nazi occupation of Greece.
Not a Tom Cruise movie, but modern Greek politics;
Greece feels it was at a disadvantage in international reparations negotiations after the end of the war. New Greek Prime Minister Alexis Tsipras has estimated that Germany owes Greece billions of euros - and has insisted on resolving the matter. For its part, the German government has repeatedly refused such demands and has insisted Greek claims have already been compensated in previous reparation payments.
Great Hjalmar Schacht's Ghost!
...a loan Greece was forced to make to Germany. In 1942, Nazi Germany forced the Greek national bank to pay out an interest-free loan to the tune of 476 million Reichsmarks. The Nazis used the money to finance the their occupation of Greece as well as military operations. The loan was never repaid. A Greek committee has come to the conclusion that Germany therefore owes Greece about 11 billion euros ($12.48 billion).
Now about the bill for inventing geometry....

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