…officially ends this Sunday:
The final £60 million instalment is part of a £22 billion debt imposed for starting one of the bloodiest conflicts in history will be cleared on what will also be the 20th anniversary of German reunification.
The Allied victors – primarily Britain, France and America set the reparations in 1919′s Treaty of Versailles – a peace agreement – as both compensation and punishment for waging the four year war, which left 10 million soldiers dead, and European towns and cities devastated.
Germany’s Federal Office for Central Services and Unresolved Property Issues said that the bond issued to pay remaining debts stemming from ‘The War To End All Wars’ will be written off on 3 October.
Tags: Germany, Treaty of Versailles, World War I