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Tag: Greece

Reuters

Greece: Germany Owes Athens 279 Billion Euros in WWII Reparations

The government of Greece’s Radical Left Prime Minister Alexis Tsipras has been demanding Germany pay reparations to the nation for damage committed by the Nazis during World War II for months, but now they have officially calculated a fixed amount they would like back: 279 billion euros.

AP Photo/Michael Sohn

Greek PM Raises WW II Reparations during Otherwise Cordial Berlin Visit

Leftist Greek Prime Minister Alexis Tsipras, during a visit with German Chancellor Angela Merkel in Berlin, raised the issue of Greece receiving war reparations for the damage the Nazis did to the country in World War II. Despite Merkel’s rapid dismissal of the possibility, the two appeared cordial and friendly during their public press event leading up to a reception dinner.

Reuters / Alkis Konstantinidis

Greece Renews Threat to Seize ‘War Reparations’ from Germany

The eleventh-hour decision to extend Greece’s bailout a few weeks ago turns out to have been an even closer shave than it seemed at the time, with Reuters reporting that a massive revolt among German conservatives left the vote “hanging by a thread,” as one German legislator put it. Escalating tensions between sullen Greece and fed-up Germany could make the votes on further bailout extensions or new financing deals even tighter.

Europe Greece Flags Athens

European Debt Talks With Greece Fall Apart

The new socialist government of Greece is not having much success convincing its European creditors to forget about billions of dollars in debt, and then loan Greece even more money. Bloomberg News reports Commerzbank AG is doubling the odds of a Greek exit from the Eurozone to 50 percent, which sounds like a polite underestimation of the odds, given the sudden and acrimonious end of the latest debt talks.