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"War Reparations" Topic

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376 hits since 10 Jul 2023
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Tango01 Supporting Member of TMP11 Jul 2023 7:36 p.m. PST

"At least, a neglected and forgotten thing, but a major WWII post-war event. Finland paying her war reparations in full for the Soviet Union. It's the only kind, to ever happen in the history. A more lesser known thing is, that also after the Winter War, (1939-1940) Finland had to already pay war reparations for the Soviets, because of the Soviet invasion, but the major payment-claim occured after the Continuation War (1941-1944). The Finnish War Reparations were done for the Soviet Union during 1944-1952.

I have this understanding, during the WWI, the Russian Empire accepted to pay war reparations to Germany, but after the German collapse in the war, Russia abandoned the treaty. Also, everyone knows this, according to Article 231 of the Treaty of Versailles, Germany had to pay large war reparations to the winner states. Their size and payment arrangements were initially left open, but in 1921 the amount was confirmed at 132 billion gold marks. Payment arrangements were later agreed upon under the Dawes Plan in 1923 and the Young Plan in 1929. With the agreement made in 1953, the amount of compensation was reduced. The last compensation installment was paid on October 3, 2010…"

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