Tuesday, 31 January 2012

Α response to German propaganda



Germany Was Biggest Debt Transgressor of 20th Century

Think Greece's current economic malaise is the worst ever experienced in Europe? Think again. Germany, economic historian Albrecht Ritschl argues in a SPIEGEL ONLINE interview, has been the worst debtor nation of the past century. He warns the country should take a more chaste approach in the euro crisis or it could face renewed demands for World War II reparations.


Albrecht Ritschl: "If Germany paid war compensations, would go bankrupt immediately”

After the Second World War, Germany left behind a Europe essentially damaged. Furthermore, because of frivolous options, the same over the past century,  has gone bankrupt three times. If it were not for the U.S., which helped financially after the war, and countries such as Greece, which never claimed war damages, now my country would not have the economic power it has. I've said it before and am not afraid to repeat to you, Karipidis: Germany is the biggest sinner in the 20th century and perhaps of modern economic history. more...

It is as simple as it sounds. By now, everybody knows that Germany -as the defeated one- owes Greece (Hellas) war reparations from world war II . By now, every loss payee got reparation except Greece which -by the way- suffered the most, according to the Nazi minister of Economics and President of Reichsbank Walter Funk who stated: "Greece suffered the pain of war and its consequences like -maybe- no other european country". more...

Jacques Delpla: Germany owes Greece €575bn from WWII

Talking to Les Echos the French econonmist Jacques Delpla claims that Germany still owes €575bn as a result of World War. He calls on Greece to respect its engagements with Europe by being serious about reforms and repayment of the debt. And he calls on Germany to keep its engagements with Europe by continuing to support Greece. more...

German War Reparation to Greece!

According to the Paris Peace Treaties (Paris 1947) Germany owes Greece War Reparations estimated (with the interests) about one (1) trillion euros! The issue came up the past few months along with the so called bankruptcy and became a popular demand (the payment) after the unacceptable articles, shows and commercials in Germany attacking Greeks showing them as the corrupted, lazy Balkanian living out of the "German tax payer" money. more...

Took them a while, but Germany has finally finished paying off reparations for that nasty bit of business almost a century ago.Germany was forced to pay the reparations at the Treaty of Versailles in 1919 as compensation to the war-ravaged nations of Belgium and France and to pay the Allies some of the costs of waging what was then the bloodiest conflict in history, leaving nearly ten million soldiers dead.The initial sum agreed upon for war damages in 1919 was 226 billion Reichsmarks (about 750 billion US dollars), a sum later reduced to 132 billion (about 400 billion US), £22 billion (roughly 37.5 billion US dollars) at the time. more...


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