
1st October 2010, 18:37
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He who rules the forum...
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Join Date: Dec 2004
Location: Amstelveen, The Netherlands
Posts: 1,475
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First World War officially ends
http://www.telegraph.co.uk/news/worl...ally-ends.html
http://www.dailymail.co.uk/news/arti...l-payment.html
http://abcnews.go.com/International/...ry?id=11755920
http://en.wikipedia.org/wiki/World_War_I_reparations
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After Germany’s defeat in World War II, payment of the reparations was not resumed. There was, however, outstanding German debt that the Weimar Republic had used to pay the reparations. An international conference decided (Agreement on German External Debts, 1953) that Germany would pay some parts of the remaining debt only after the country was reunified. West Germany paid off the remainder by 1980. In 1995, after reunification, the new German government announced it would resume payments of the interest.[citation needed] Germany will finish paying off the Americans in 2010[47] and the rest in 2020.[48] According to newspaper reports, the last payment of € 69,950.000 will be made on 3 October 2010, the 20th anniversary of German reunification.[49]
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http://www.thesun.co.uk/sol/homepage...-WW1-debt.html
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Most of the money goes to private individuals, pension funds and corporations holding debenture bonds as agreed under the Treaty of Versailles signed on June 28, 1919.
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__________________
Ruy Horta
12 O'Clock High!
And now I see with eye serene
The very pulse of the machine;
A being breathing thoughtful breath,
A traveller between life and death;
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