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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.
Reparations were paid to Yugoslavia in the aftermath of World War II.The State Reparations Commission of the Yugoslav Government estimated the total war damages inflicted upon Yugoslavia in World War II at approximately US$47 billion (1938 values: $1 = 44 Yugoslav dinars; Germany – 36 billion, Italy – 10 billion, Hungary – 542 million, Bulgaria – 650 million).
War reparations are often governed by treaties which belligerent parties negotiate as part of a peace settlement. [1] Payment of reparations often occur as part of a condition to remove occupying troops or under the threat of re-occupation. [1] The legal basis for war reparations in modern international law is Article 3 of the Hague Convention ...
Poland’s right-wing government has prepared a report of the losses caused by Nazi Germany’s occupation in 1939-45, and last year directed a formal request to Berlin for reparations. A ...
The Bureau of Reparations during the Presidium of the Council of Ministers estimated the total cost of material losses amounted after the end of World War II that took place between 1939 and 1945. Conclusively, the material losses and destruction was valued at 258 billion prewar zlotys, which amount to 50 billion US Dollars (1939 rate). [9]
With the 80th anniversary of Roosevelt's Executive Order 9066 that created the World War II camps, advocates seek full reparations for the internees from Latin America.
(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:
The most famous reparations program in the world was undertaken in the 1950s by Germany to compensate the relatives of the 6 million Jews murdered by the Nazis in the Holocaust.