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Books > History > History of specific subjects > Economic history
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Germany's War Debt to Greece - A Burden Unsettled (Hardcover)
Loot Price: R1,429
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Germany's War Debt to Greece - A Burden Unsettled (Hardcover)
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With tensions rising over Greece's current debt crisis, this study
chronicles the Occupation Loan that was forcibly obtained by the
Third Reich from Greece in 1942-44. It demonstrates why Greece's
claim for the repayment of the loan is still valid and endeavours
to estimate its present value. To overcome the absence of a normal
debt agreement between the two countries, various assessments of
its current value are presented and discussed. A proposal is
outlined on how the German obligation can be settled within the
bailout agreement that Greece has signed to face the current debt
crisis. Resolving a longstanding issue and bringing justice to the
sacrifices that Greece made during WW2, the settlement will also
help to mitigate the hostile stereotyping that is presently
developing between the two countries. This text provides a close
study of Greece's economic history and present crisis. It will make
essential reading for scholars and students of economic history and
those interested in the European economic crisis.
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