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(not satire – it’s Germany!)
This little fact changes everything.
In 1943, Germany forced the Bank of Greece to lend it two loans worth 11 billion euros in today’s money.
And Germany has still not paid back the debt.
This money is not war reparations, which are a separate and much more complex issue.
The debt is a straightforward loan from Greece to Germany – albeit a forced one – which the Germans have not bothered to repay.
Which – considering the Germans have been bleating on and on and bloody on about how the Greeks should honour their present debts – is a case of breathtaking hypocrisy writ large, I’d say.
Wouldn’t you?
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If you agree, please share. Thanks.
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Pingback: Breathtaking German hypocrisy: Germany owes Greece 11 billion euros in unpaid loans | Alternative News Network
beastrabban said:
Reblogged this on Beastrabban’s Weblog.
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A6er said:
Reblogged this on Britain Isn't Eating.
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Miles King said:
The German Newspaper Der Spiegel estimated the combined value of war reparations and loans at €162 billion nearly 2 years ago http://www.spiegel.de/international/europe/greek-commission-concludes-germany-owes-billions-in-war-reparations-a-893084.html
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rkevinbrown said:
This is a revelation. Assume it’s true so his was it fit gotten/ ignored til now?
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Tom Pride said:
@rkevinbrown: I presume it was ignored because both sides – the previous Greek governments and the Germans – were both pro-austerity.
I would imagine this will become a big issue now there’s an anti-austerity government in place in Greece.
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thelovelywibblywobblyoldlady said:
Reblogged this on glynismillward189.
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R Wood said:
Capitalists are Mr Pride, as I’m sure you’re aware, hypocrites. Socialists can be be hypocrites too — no ‘discrmination’! Germany (then ‘West’ Germany) never repaid the debt because, allegedly, banks in the USA wouldn’t have been happy. Fancy that! No I don’t! Deals may have upset many USA bank’s cosy relationship with the pre-1974 military dictatorship in Greece. This isn’t conspiracy theory — there is genuine evidence.
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Pingback: Breathtaking hypocrisy: Germany owes Greece 11 billion euros in unpaid loans – Pride’s Purge | Vox Political
sdbast said:
Reblogged this on sdbast.
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bobchewie said:
Krauts…the bloody lot of them
Quoting from the major in fawlty towers
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hstorm said:
Reblogged this on TheCritique Archives and commented:
The Free Market right have, predictably, made a lot of disapproving noises in the direction of Syriza, the anti-Austerity party that won the Greek General Election at the weekend. This very much includes Germany, which has condescendlngly given the Greeks a lecture about continuing to prioritise its Debt repayments.
This is rich, given Germany still owes outstanding loans dating back to the Second World War, including 11 billion euros-worth owed to… Greece.
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Smiling Carcass said:
Reblogged this on SMILING CARCASS'S TWO-PENNETH.
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jaypot2012 said:
Wonder just how much we owe Greece and other countries? Just thinking out loud really.
As for Germany, they ought to get their finger out ‘cos that money belongs to Greece and should be paid back now. Tough on Germany for forcing Greek’s hand years ago – see, Karma does come back to bite you on the erse…
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jaypot2012 said:
Reblogged this on Jay's Journal and commented:
Germany and their debt to Greece…
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hirsutemal said:
Reblogged this on MAL's MURMURINGS.
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Bertha said:
Letní tuniky Vás ochrání před nepříjemnými slunečními paprsky a zároveň
se díky jejich volnému střihu budete daleko méně potit.
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jollysailor said:
Well, not really. In 1943 Greece was part of the Reich. As such it wasn’t a separate country in any real sense. Even if it was, The Reich didn’t exist after 1945. Germany post-1945, let alone post-1989, is no more responsible for repaying loans than the UK has built up a huge debt not paying Danegeld.
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nuggy said:
that argument falls down on one thing they have paid reparations to the Jewish holcolst victems so they admit they are finaiicly libel for whet the third reich did..
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Chris said:
Ssssh. That 11 billion Euros is for the future, not now. Germany repaying it now, would just get it straight back through the Troika to a German bank, who would then pay taxes to wealthy politicians in the German parliament. Err… Ms Merkel?
But then the IMF did say that Greece under New Democracy Mr Samaras was as well off as it was in 1943, under the rule of the Gestapo, when I have seen a 1 million Drachma note that bought about one slice of bread (when you could find food, not often).
Me old mum (God rest her) had to run the gauntlet of being bombed by the Yanks (who never hit a German but usually the sales in the shops and the Greeks trying to get a bargain), and her sight of truck loads of corpses of Greek civilians being loaded up by German soldiers killed by Yanks bombers.
But then the Gestapo did cook the Greek resistance alive in baker’s bread ovens.
We have had German politicians killing exactly the same peoples in Europe through two world wars, as are dying today under German-dominated EU austerity.
I do hope the other southern and eastern naitions in the EU default soon and get cheaper loans from Russia or China. Funny how communist nations on earth are all richer than most of western capitalism all put together? Odd that.
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