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After World War II ended, the main four Allied powers – Great Britain, The United States, France, and the Soviet Union – jointly occupied Germany, with the Allied occupation officially ending in the 1950s. During this time, Germany was held accountable for the Allied occupation's expenses, amounting to over several billion dollars. [21]
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 ...
Germany also received a loan of 800 million gold marks, financed primarily by American banks. [33] [34] French troops leaving Dortmund. British Labour Prime Minister Ramsay MacDonald, who viewed the 132 billion figure as impossible for Germany to pay, successfully pressured French Premier Édouard Herriot into a series of concessions to Germany ...
[24] Article 231, in which Germany accepted the responsibility of Germany and its allies for the damages resulting from the First World War, therefore served as a legal basis for the articles following it within the reparations chapter, obliging Germany to pay compensation limited to civilian damages. [36]
With its defeat, Germany could not impose reparations and pay off her war debts now, which were now colossal. [116] Historian Niall Ferguson partially supports this analysis: had reparations not been imposed, Germany would still have had significant problems caused by the need to pay war debts and the demands of voters for more social services ...
The "Big Three": Attlee, Truman, Stalin. The Potsdam Agreement (German: Potsdamer Abkommen) was the agreement among three of the Allies of World War II: the United Kingdom, the United States, and the Soviet Union after the war ended in Europe that was signed on 1 August 1945 and it was published the next day.
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 ...
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.