Greece Just Told the Germans They Owe Them €278.8 Billion for Something The Nazis Did 70 Years Ago
If you owe money to the Germans and don’t want to pay it back, you can always pull the Nazi card.
Late Monday, the Greek deputy finance minister Dimitris Mardas told the German government Greece was demanding €278.8 billion ($304.8 billion) in reparations for World War II-era crimes, Der Spiegel reported.
That’s a bigger sum than Greece’s entire GDP — everything the Greek economy produces in a year.
According to Greek finance minister Yanis Varoufakis, Greece should get essentially free money from Germany and other economically healthy northern European nations in the interest of “the common European good.”
Germany is widely seen as the most forceful of the nations demanding that Greece maintain strict austerity rules in exchange for foreign bailouts.
As Deutsche Welle noted, Germany already paid Greece for Nazi-era crimes back in 1960.
Germany, Italy and Bulgaria occupied Greece between 1941 and 1944, and the Axis powers forced the Greeks to loan money at 0 percent interest and stole various works of art, but in 1960, West Germany settled the debt with a 115 million-deutschmark payment to Greece.
(H/T: Business Insider)