When will Germany pay off the last war reparations in World War I?

This year's 65438+1October 3 is the 20th anniversary of the reunification of East and West Germany, and it is also the day when Germany completed all reparations in World War I.. By then, the German government will pay the last war reparations of 68.7 million euros (623 million RMB) to the French government.

According to the Treaty of Versailles signed after World War I, the German government needs to pay 269 billion gold marks in compensation, equivalent to 96,000 tons of gold. But by 1929, the compensation was reduced to11200 million goldmark, which had to be paid in 59 years. From 1924 to 1930, Germany was forced to issue a large number of foreign bonds to raise this huge indemnity. 1929 global financial crisis, 193 1 Germany suspended its annual reparations. 1933 after Hitler came to power, Germany refused to resume paying reparations. However, at the London International Conference on 1953, West Germany agreed to bear the responsibility of repaying the international bonds issued by Germany before World War II.

According to the regulations of the London Parliament, after the reunification of Germany, you can start to repay the reparations, but you have to pay an interest first. After the fall of the Berlin Wall, Germany achieved national reunification. After that, Germany began to repay these international reparations, until the last indemnity was paid off on October 3, 20 10/KLOC-0.

After the defeat of World War I, it took Germany 92 years to pay off all the reparations.