Islam Times - Germany owes Greece billions in WWII reparations: Secret report

Islam Times - Germany owes billions of euros to Greece for the reparation of damages done to the country during the World War II as well as for unpaid loans, a ‘top secret’ report produced by a Greece panel of experts suggests.

Greek newspaper To Vima has recently published a news story on receiving the World War II reparations from Germany.

A committee set up by Greece Finance Ministry to investigate the matter has found that Berlin should pay more than 160 billion euros in reparations to Athens. However, the Greek daily has not received the 80-page report compiled by the committee.

Citing the Greek newspaper, German daily Der Spiegel says Berlin should pay Athens some 108 billion euros for the reconstruction of its damaged infrastructure after the Second World War.

Berlin also owes Athens 54 billion euros that resulted from forced loans paid by Athens to Nazi Germany between 1942 and 1944.

However, the Greek Finance Ministry’s report has been kept secret so far in a bid to prevent provocation of more anti-German sentiments in the debt-stricken Greece.

Experts believe that if Germany had paid Greece what it allegedly owed them, it would significantly improve the country’s likelihood of surviving the spiraling crisis and its crippling debt.

Germany has so far paid billions of euros of compensation to every other country it was at war with.