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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.
The German Government estimated it had paid the equivalent of 67.8 billion gold marks in reparations. The German figure included—other than gold or goods in kind—the scuttling of the German fleet at Scapa Flow, state property lost in lands ceded to other countries, and the loss of colonial territories. [101]
German reparations were to be classified into two categories: A (all forms of German reparations except those included in Category B) and B (industrial and capital equipment, merchant ships, and inland water transports). [3] [4] [2] The following nations received reparations as part of the proceedings of the IARA:
Russians agreed to pay reparations to the Central Powers when Russia exited the war in the Treaty of Brest-Litovsk (which was repudiated by the Bolshevik government eight months later). Bulgaria paid reparations of 2.25 billion gold francs (90 million pounds) to the Entente, according to the Treaty of Neuilly.
Reparations are broadly understood as compensation given for an abuse or injury. [1] The colloquial meaning of reparations has changed substantively over the last century. In the early 1900s, reparations were interstate exchanges (see war reparations) that were punitive mechanisms determined by treaty and paid by the surrendering side of a conflict, such as the World War I reparations paid by ...
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 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 debate over whether or not the United States should pay reparations for slavery to African-American citizens continues even after last week's House Judiciary Committee hearing on the matter.