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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