During World War II, while Greece was under the control of the Nazis, the country suffered major damage and was forced to provide Germany a loan, totaling around $180 billion.
The Daily Mail claims this loan financially ruined Greece.
Now, Greek Prime Minister Alexis Tsipras, insists it is the duty of Greece to collect on the debt.
Greece had “a moral obligation to our people, to history, to all European peoples who fought and gave their blood against Nazism,” Tsipras said to parliament.
“Our historical obligation is to claim the occupation loan and reparations,” Tsipras added, according to the Daily Mail.
Germany says it will do no such thing. Sigmar Gabriel, German economy minister, said the issue of the debt was settled via a treaty 25 years ago and that the likelihood that Germany will repay is "zero."
While speaking at a gathering of his Social Democrats in Brandenburg state near Berlin, Gabriel said that the “Treaty on the Final Settlement with Respect to Germany,” sometimes referred to as the “Two Plus Four Treaty,” was signed by the former West and East Germanys and the four World War Two allies just before German reunification, in September 1990, the Daily Mail reports. Under this treaty, Germany is not responsible for repaying any war reparations to Greece.
“Almost 70 years after the war’s end the question of reparations has lost its legitimacy. We do not see any basis to such a request,” the representative of German Finance Minister, Wolfgang Schaeuble, told the press, according to the Greek Reporter.
Greece has been suffering financially for years. The Huffington Post reports that the country is recently coming out of an economic depression and that one in four Greeks are unemployed.
Tsipras vows that the priority of the Greek government is to tackle “the big wounds of the bailout.”