Wednesday, December 9, 2009

Germany still paying off £50million in reparations following World War One


is still paying off £50million of the 'reparations' demanded from it after the end of First World War.

The German Finance Agency, its authority on debt management, said tens of millions of euros are still being transferred to private individuals holding debenture bonds as agreed under the Treaty of Versailles signed on June 28, 1919.

The bonds were issued at the time to investors. (more)

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