As the Greek debt drama continues to unfold, here is a bit of an update on the situation with a reference to Germany's illegal occupation of Greece 1941-1944 and what it owes Greece today.
 The Greek Finance Minister, George Papaconstantinou aptly and metaphorically summarized the current Greek debt situation by saying: "We are trying to change the course of Titanic, it can't be done in a day".  In an article written by Jan Strupczewski and Marcin Grajewski in February 15 online edition of Reuters." Today it's Greece. Tomorrow it can be another country". Any European country can be prey to speculative forces, is another utterance that would worry other EU-Eurozone countries. People remembering last year's near-crippling, global recession where many nations became vulnerable would make other nations think twice about their reluctance or obstructionism toward Greek economic deliverance.
But, the ambivalent development that triggers ambiguity is that Germany (which supposedly holds one of the top levers of a Greek financial bail-out plan) has its people opposing any German-Greek bail-out package by up to 70 percent in a recent poll. But did the Germans contribute to the current situation stemming from their World War II illegal occupation and rape of Greece?
In the Paris Reparations Agreement of 1946 the German war crimes against Greece were billed at 7.1 billion US dollars. A few years later, under the threat of the oncoming Cold War, Germany was already needed by the Allies in the struggle against communism. For this reason, it was agreed in the London Agreement of 1953 that the recognised reparation demands against Germany should be postponed – until a final settlement in a later peace treaty.
Germany also during occupation (1941-1944) was given a mandatory loan from Greece (yes from Greece to Germany) to the size of 3,5 billions USD.
A total sum of 10,6 billions USD at 1938 prices, not today. Even at a modest interest of 4%, this money accounts to 130 billions USD, half of the total debt of Greece!
This war reparations does not take into account the cultural objects stolen of Greece stolen during occupation, neither the massacres of civilians in several cities as a revenge for the rebel fighters - over 300,000 Greeks died during the occupation and ensuing civil war.
Before the minister of economy of Germany says that Germans are not liable of the faults of Greeks, he should pay back the faults of his ancestors, money that was lawfully is to be given to Greece, and then half of Greek debt will be paid!