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The claim for reparations is a sign of financial frustration

24 March 2015 / 12:03:16  GRReporter
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The amount of reparations was again significantly reduced. Things settled by binding them to the Mollov-Kafantaris Agreement and by attempting to see the obligations due after presenting all financial claims. At the end of this process, Bulgaria had to pay a not so large sum of $7 million and it pledged to pay it in goods for a period of 12 years. It made all the payments by the end of the 1970s. Thus, in practice Bulgaria has settled the issue, because no claims, even formal claims, have been left unsettled. The sooner the countries settle their financial issues, the better for their bilateral relations.

Greece and German war reparations

Now, 75 years after the war, is not the proper time to raise the issue of reparations which indicates a kind of lack of opportunites to make financial decisions, nor to start looking for a solution to temporarily "manage somehow". These are populist demands that do not sound very convincing.
Moreover, we must admit that raising the issue of reparations is totally inadequate in view of the fact that ultimately, all countries outside the socialist camp used huge financial flows during the post-war reconstruction of the world and Greece was one of the biggest beneficiaries. My personal opinion is that this is a sign of financial frustration.

However, I must stress that I have not dealt in detail with the issue of world reparations, including those between Germany and Greece. I consider them through the prism of reparations that were requested from Bulgaria, through the way in which they were claimed. And from this point of view, I could say that basically, reparations are not a convincing and grounded debt.

What we need to understand is that every war brings total financial chaos and obligations. But for me personally, returning to it is not a solution.

Tags: HistoryWorld War IIWar reparationsBulgarian-Greek relationsMollov-Kafantaris exchange of populations agreementGermany
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