Greek PM Tsipras seeks reparations over Nazi occupation

Greek PM Tsipras seeks reparations over Nazi occupation

​Payback time? Greek PM Tsipras wants $236 billion in German World War II reparations

Greek Prime Minister Alexis Tsipras says the country has a “moral obligation” to claim reparations from Germany for the damages wrought by the Nazis during World War II.

Greece had “a moral obligation to our people, to history, to all European peoples who fought and gave their blood against Nazism,” he said in a key address to parliament.

Berlin has already sounded a firm “no” to requests for reparations nearly 70 years after the end of the war, but Mr Tsipras and his radical left party have vowed to tackle the issue.

The issue risks aggravating already strained ties between Athens and Berlin, as Mr Tsipras bids to reverse austerity measures imposed by its international creditors.

“Our historical obligation is to claim the occupation loan and reparations,” the new prime minister said, referring to Germany’s four-year occupation of Greece and a war-time loan which the Third Reich forced the Greek central bank to give it, and which ruined the country financially.

Mr Tsipras’s anti-austerity Syriza party claims Germany owes it about around €162 billion ($236 billion), about or around half the country’s public debt, which stands at over €315 billion. The loan to the Third Reich was for 476 million Reichsmarks, which was valued at $US8.25 billion in a 2012 German Bundestag lower house of Parliament report.

Mr Tsipras said on Sunday that his government would not seek an extension of a stringent bailout program and would carry out its campaign pledges to roll back austerity, but gradually.

In laying out his government’s program in a speech before Parliament, Mr Tsipras sought to tread a line between satisfying coalition lawmakers and supporters that his government will honor the anti-austerity promises that brought it to power last month while reassuring creditors that his radical leftist administration is prepared to move towards a compromise that keeps the economy afloat without further burdening European taxpayers.

Greece’s creditors – the European Commission, the European Central Bank and the International Monetary Fund – want the new government to seek an extension beyond February 28 of the European portion of the country’s bailout of €240 billion. However, the government has said that despite dwindling cash reserves, it is not interested in the latest portion of the bailout, a loan of €7 billion, because of what it sees as onerous conditions. Instead, it has said it wants a program between now and the end of May to bridge the gap and permission to raise short-term funding by issuing treasury bills.

“We only have one commitment: to serve the interests of our people, the good of society,” Mr Tsipras said, noting that it was an “irreversible decision” of his government to fulfill its campaign promises “in their entirety”.

Viasmh

Find us here

Get news from the CSGLOBE in your inbox each weekday morning

The views and opinions expressed in this article are those of the authors/source and do not necessarily reflect the position of CSGLOBE or its staff.

Paid content

France Declares All New Rooftops Must Be Topped With Plants Or Solar Panels

A new law recently passed in France mandates that all new buildings that are built in commercial zones in France must be partially covered in...

The End Of The (Petro)Dollar? Venezuela is Paying Iran In Gold For Help

With cash levels dwindling and its once mighty oil sector on its knees and needing help desperately,...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

What's New Today

Georgia House Votes To Allow Citizens To Abolish Police Departments In The State

The Georgia House backed an effort on Friday to dissolve the Glynn County Police Department and any...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

Five bombshells about Trump from Bolton ‘s book

Excerpts from former national security adviser John Bolton ’s book about his time in the Trump administration...

Don’t Listen to Fox. Here’s What’s Really Going On in Seattle’s Protest Zone.

It seems I live in a city undergoing a “totalitarian takeover” that will lead to “fascist outcomes”...

MOST READ

What Is Agenda 21? Depopulation of 95% of the World By 2030

Most people are unaware that one of the greatest threats to their freedom may be a United Nations program which plans to depopulate 95%...

Complete List of BANKS Owned/Controlled by the Rothschild Family

What’s the significance of having a central bank within a country and why should you concern yourself, your family and colleagues? Central banks are illegally...

France Declares All New Rooftops Must Be Topped With Plants Or Solar Panels

A new law recently passed in France mandates that all new buildings that are built in commercial zones in France must be partially covered in...

France Declares All New Rooftops Must Be Topped With Plants Or Solar Panels

A new law recently passed in France mandates that all new buildings that are built in commercial zones in France must be partially covered in...

Germany Becomes The First Nation To Ban ‘Chick Shredding’

Newly developed technology will determine the sex of each fertilized egg before the chick inside develops - enabling the removal of all male-identified eggs...

WATCH: Police Turn Away Homeless People at Hurricane Shelters—Because They’re Homeless

The state of Florida has made headlines recently about how they were treating people at hurricane shelters. Last week, Florida police announced that they would...

Indigenous Populations Of Alaska And Hawaii Demand Their Land Back

Indigenous populations of Alaska and Hawaii are seeking United Nations intervention in reclaiming the territories that they say were taken from them by the...

Technology Takes us One Step Closer To Uploading Our Brains Into Robot Bodies

Doesn't it annoy you that you can back up the files on your laptop to an external drive, but you can't back up the...

The 25 Rules of Disinformation

We are in the post-constitutional era in the United States, a time when the government does whatever it wants to whomever it wants, and...

Is milk good or bad for you?

Here Are Some Reasons You Should Think Twice before Drinking Milk Despite what you’ve been told for years, despite the subtle contours of a thin,...

Colleges Now Programming Students to Destroy Their Own Freedom of Speech

https://twitter.com/DanielLMcAdams/status/857308068262105089 Look beyond the politics of Ann Coulter and whatever her now shut down speech was even going to be about and check out this...