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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.
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.
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 ...
In the years following World War II, large numbers of German civilians and captured soldiers were forced into labor by the Allied forces. The topic of using Germans as forced labor for reparations was first broached at the Tehran conference in 1943, where Soviet dictator Joseph Stalin demanded 4,000,000 German workers. [1] [better source needed]
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The reparations were paid directly to the headquarters of the Israeli purchase delegation in Cologne, which received the money from the German government in annual installments. The delegation then bought goods and shipped them to Israel, receiving its orders from a Tel Aviv -based company that had been set up to decide what to purchase and for ...
The Dutch national railway company said Wednesday it will pay reparations to Jews, Roma and Sinti whom it transported to camps in the Netherlands during World War II — from where they were sent ...
The Bilateral Compensation Agreements for Victims of the Nazi Regime (German: Globalabkommen) between the Federal Republic of Germany, colloquially referred to as West Germany, which the West German government concluded between 1959 and 1964 with twelve Western European countries, Austria, Belgium, Denmark, France, Greece, Italy, Luxembourg, the Netherlands, Norway, Sweden, Switzerland and the ...