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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 .
The Reparations Agreement between Israel and the Federal Republic of Germany (German: Luxemburger Abkommen, "Luxembourg Agreement", or Wiedergutmachungsabkommen, "Wiedergutmachung Agreement"; [1] Hebrew: הסכם השילומים, romanized: Heskem HaShillumim, "Reparations Agreement") was signed on September 10, 1952, and entered in force on March 27, 1953. [2]
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 machinery and manufacturing plants. Dismantling in the West stopped in 1950. Reparations to the Soviet Union stopped in 1953 (only paid by the GDR).
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]
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.
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 ...
War reparations to the Soviet Union from its zone of occupation in Germany were agreed upon. In addition to the reparations, the Soviet Union would also receive reparations from the western zones of occupation, but it had to give up all claims on German industries in the western zones.
After the end of World War II and the Holocaust, relations gradually thawed as West Germany offered to pay reparations to Israel in 1952 [1] and diplomatic relations were officially established in 1965. Nonetheless, a deep mistrust of the German people remained widespread in Israel and the Jewish diaspora communities worldwide for many years after.