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War Is Over! World War I, That Is
|Contributor||Homegrown Democrat |
|Last Edited||Homegrown Democrat Sep 28, 2010 09:06pm|
|News Date||Tuesday, September 28, 2010 09:05:00 PM UTC0:0|
|Description||Perhaps Germany can now officially move on. |
Ninety-two years after the end of World War I, Germany will pay off its war reparations to countries of the former Allied powers on Sunday. The debt obligations were part of the Treaty of Versailles, which, among other things, forced Germany to accept blame for the war, neutered Germany's military and is often considered a main factor in the rise of Adolf Hitler and the Nazis in the 1930s. The initial sum Germany accepted to pay was 226 billion Reichsmarks, later reduced to 132 billion. The final payment on Sunday will be about $84 million.