Current Status
After Germany’s defeat in World War II, payment of the reparations was not resumed. There was, however, outstanding German debt that the Weimar Republic had used to pay the reparations. An international conference decided (Agreement on German External Debts, 1953) that Germany would pay some parts of the remaining debt only after the country was reunified, at that time an event thought very unlikely to happen. West Germany paid off the remainder by 1980. According to the agreement, the debt would be serviced for 20 years, leading to the last payments being due on 3 October 2010, the 20th anniversary of German reunification. About 10% of this debt, about 20 million euro, has not been claimed yet.
Read more about this topic: World War I Reparations
Famous quotes containing the words current and/or status:
“What in fact have I achieved, however much it may seem? Bits and pieces ... trivialities. But here they won’t tolerate anything else, or anything more. If I wanted to take one step in advance of the current views and opinions of the day, that would put paid to any power I have. Do you know what we are ... those of us who count as pillars of society? We are society’s tools, neither more nor less.”
—Henrik Ibsen (1828–1906)
“Anthropologists have found that around the world whatever is considered “men’s work” is almost universally given higher status than “women’s work.” If in one culture it is men who build houses and women who make baskets, then that culture will see house-building as more important. In another culture, perhaps right next door, the reverse may be true, and basket- weaving will have higher social status than house-building.”
—Mary Stewart Van Leeuwen. Excerpted from, Gender Grace: Love, Work, and Parenting in a Changing World (1990)