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After World War II, both the Federal Republic and Democratic Republic of Germany were obliged to pay war reparations to the Allied governments, according to the Potsdam Conference. Other Axis nations were obliged to pay war reparations according to the Paris Peace Treaties, 1947. Austria was not included in any of these treaties.
During World War II, Germany extracted payments from occupied countries, compelled loans, stole or destroyed property. In addition, countries were obliged to provide resources, and forced labour. After World War II , according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly ...
Wiedergutmachung (German pronunciation: [viːdɐˈɡuːtˌmaxʊŋ] ⓘ; German: "compensation", "restitution") refers to the reparations that the German government agreed to pay in 1953 to the direct survivors of the Holocaust, and to those who were made to work at forced labour camps or who otherwise became victims of the Nazis.
Israel's relations with Germany, already extremely delicate on account of the Holocaust, were complicated further by Cold War politics and the division of Germany into mutually hostile Eastern and Western states; the former a communist satellite aligned with the Soviet Union, the latter a liberal democracy oriented towards the West. Due to a ...
At the end of World War II, plans were made in the Netherlands to annex German territory as compensation for the damages caused by the war. In October 1945, the Dutch state asked Germany for 25 billion guilders in reparations. In February 1945 it had already been established at the Yalta Conference that reparations would not be given in ...
In January 2022, the town of Evanston in Illinois began giving out thousands of dollars to residents who had been affected by slavery. Now, San Francisco is planning to follow their lead. Andrew ...
(Bulgaria was part of the Axis but did not declare war on the Soviet Union). In the cases of Romania and Hungary, the reparation terms as set forth in their armistices were relatively high and were not revised. War reparations at 1938 prices, in United States dollar amounts: $360,000,000 (equivalent to $7,792,000,000 in 2023) from Italy:
German authorities have been tracking down the last-remaining members of the Red Army Faction (RAF), a now-defunct Cold War-era militant group, who have been on the run for nearly 30 years.