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Monday, May 17, 2010

As Johnny would say, "I did not know that."



Germany still paying off £50million in reparations following World War One

Up until 1952 Germany had paid some 1.5 billion marks in war reparations to Allied countries.
But in 1953 the balance was suspended pending a reunification of East and West Germany.
On October 3, 1990, the old debts went into effect again with 20 years for payment. Germany plans to pay off its World War I debts by October 3, next year.

Read more: http://www.dailymail.co.uk/news/worldnews/article-1232625/Germany-paying-50million-reparations-following-World-War-One--90-years-on.html#ixzz0oEDVTDgR

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