Greece has been summoned by its international creditors to present a package of spending reforms by Monday evening that must be approved before a final decision is taken on whether to give Athens a crucial four-month extension of debt bailout loans. Despite the new Greek government’s earlier concessions towards austerity measures which it initially rejected, the country’s lenders, and above all Germany, appear intent on squeezing more political blood from the radical-left administration. But beyond the struggle to obtain the immediate financial lifeline, Greek Prime Minister Alexis Tsipras is in for a long haul of future negotiations. Key to these is his demand that Germany recognise its massive debt to Greece in reparations of its wartime occupation of the country, and the repayment of a loan the Nazis imposed on Greece. The potential sums of these are staggering, and have been estimated, at the least, as represnting more than 160 billion euros - before interest. The issue is not only a financial one, but also embarrasses Berlin and Brussels by raking over the generous debt-forgiveness deal offered to Germany in 1953 in the name of European reconstruction. Mediapart Brussels correspondent Ludovic Lamant and former Athens correspondent Amélie Poinssot examine the legal arguments, and the evidence, behind the Greek claim.
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The question was openly raised by the newly-elected Greek Prime Minister Alexis Tsipras during his policy speech before parliament on February 8th, and it is one that could well poison even further the already strained relations between Athens and Berlin.
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