Greece says Germany owes it billions in reparations

By Magda Panaotsopoulou

ATHENS

In parliament on Monday, Alternate Minister of Revenue Dimitris Mardas said Germany owesGreece up to 287.7 billion Euros in WW2 reparations, 10.3 billion of which are for forced loans taken by the Nazis.

Mardas added that the General Accounting Office has examined all the archived documents before making the determination.

Meanwhile, Aristides N. Hatzis, an associate professor of law and economics at the University of Athens, condemned the Greek government for connecting the financial crisis with the German war reparations by saying that it is an "opportunistic and unethical act."

He added that such matters only bring “insult to the war victims and should never be connected.”

Greece owes the IMF payments of about €9 billion ($9.89 billion) this year, and while the Greek government would like to reschedule these payments, the IMF has so far declined to do so.

Separately, the Greek government has submitted a new list of economic reforms to its European creditors, in an effort to obtain the next €7.2 billion ($7.9 billion) tranche of the bailout.

By Magda Panaotsopoulou

ATHENS

Mardas added that the General Accounting Office has examined all the archived documents before making the determination.

He added that such matters only bring “insult to the war victims and should never be connected.”

Greece owes the IMF payments of about €9 billion ($9.89 billion) this year, and while the Greek government would like to reschedule these payments, the IMF has so far declined to do so.

Separately, the Greek government has submitted a new list of economic reforms to its European creditors, in an effort to obtain the next €7.2 billion ($7.9 billion) tranche of the bailout.