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Home International Customs Greece

Germany owes Greece €278bn in war reparations, says Deputy FM

byCustoms Today Report
08/04/2015
in Greece, International Customs
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ATHENS:  The Greece’s deputy Finance Minister Dimitris Mardas  stated that the Germany owes his country €278.7 billion in Second World War reparations. After examining previous studies, which set the figure Germany owes Greece at €269 billion.

The occupation loan amounts to €10.3 billion. Mardas noted that in 1946 in Paris the reparations were estimated at about 341.2 billion U.S. dollars. Greece governments and also private citizens have pushed for war damages from Germany for decades, but the Greece government has never officially quantified its reparation claims.But in the dispute over reparations, which has soured German-Greek relations for decades, the German government maintains that the question is closed. Germany paid Greece 115 million marks in 1960, and the government insists that this payment covered all of its debts.

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