Twenty Years to the Day

On 27 February 1953, West Germany signed the Londoner Schuldenabkommen, the London Debt Agreement. It settled the pre-war debts of the German Reich, among them the Dawes and Young loans of the 1920s. One part was set aside. The interest arrears from the years after the war were to wait until a possible reunification. Germany was reunified on 3 October 1990, and the claims came back. The last payment was made on 3 October 2010, twenty years to the day later. German Wikipedia gives it as 69.9 million euros. A Protestant news service reported that 75 million euros were still on the books at the end of June 2010.

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