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HOLOCAUST REPARATIONS

SHOULD SURVIVORS SEEK COMPENSATION
FOR NAZI CRIMES?

CQ Researcher, Kenneth Jost , March 26, 1999 – Volume 9, Issue 12


About 6 million Jews were killed in the Holocaust, but Nazi Germany's war against European Jews also had a financial side. The Nazis confiscated homes and personal belongings of Jews, took over Jewish-owned businesses and looted artworks from Jewish collectors. Now, some Holocaust survivors and heirs are seeking restitution for financial losses. In one case, Swiss banks have agreed to pay $1.25 billion to heirs of Holocaust victims who opened accounts before their deaths. Other survivors are seeking payment on insurance policies, return of stolen art or compensation for forced labor in German factories.
Some say the litigation will provide a
measure of justice for Holocaust survivors,
but others fear the efforts create a misleading
picture about the nature
of history's worst genocidal slaughter.






 Germany amassed looted artworks from occupied countries and accumulated millions of dollars' worth of gold in Swiss banks.
Hundreds of thousands of Jews and other Europeans were forced
to work in German factories;
an estimated 11 million people are killed
in concentration camps, ghettos or elsewhere, including about 6 million Jews.

_____________________________


The information below gives an idea of WW2 reparations to Jews.  
Fu


1953 Reparations Agreement between Israel and West Germany      
Wikipedia

(Editors Note:  Reparation money paid by Germany to Israel paid for German goods such as trains.  Thus it also provided an economic boost to Germany)

The Reparations Agreement between Israel and the Federal Republic of Germany (German: Luxemburger Abkommen "Luxembourg Agreement" or Wiedergutmachungsabkommen "Wiedergutmachung Agreement",[1] Hebrew: הסכם השילומים Heskem HaShillumim "Reparations Agreement") was signed on September 10, 1952, and entered in force on March 27, 1953.[2] According to the Agreement, West Germany was to pay Israel for the costs of "resettling so great a number of uprooted and destitute Jewish refugees" after the war, and to compensate individual Jews, via the Conference on Jewish Material Claims Against Germany, for losses in Jewish livelihood and property resulting from Nazi persecution.

Jewish Virtual Library

In 1988, the German government allocated another $125 million for reparations, enabling remaining Holocaust survivors to receive monthly payments of $290 for the rest of their lives. In February 1990, before its unification with West Germany, East Germany admitted for the first time that it was also responsible for war crimes committed by the German people during World War II and agreed to pay reparations.

In 1999, in response to the filing of numerous class action lawsuits in American courts, the German government and German industry agreed to compensate Jews and non-Jews specifically for slave and forced labor they performed for German industry during the war. Among the German industries that came under the lawsuits were Deutsche Bank AG, Siemens, BMW, Volkswagen, and Opel. In return for the dismissal of all such lawsuits and the guaranteeing German industry "legal peace" from any such further litigation, the German government created a foundation - "Remembrance, Responsibility and the Future" - with assets of approximately $5 billion. Slave and forced laborers still alive at the time of the settlement could apply to receive a lump sum payment of between $2,500 and $7,500 from the foundation; in all, over 140,000 Jewish survivors from more than 25 countries received payments. Final payments from the Foundation were to be made by September 2006.

The German government and the Conference on Jewish Material Claims Against Germany announced an increase in funding for social welfare services for Holocaust survivors by $88 million on July 10, 2018.  This funding increase will allow survivors to recieve more frequent and better quality home care, food support, transportation and medical services.  This allocation makes Germany's 2019 total pledge to the Claims Conference $564 million.  

dw

2019  Germany extends Holocaust compensation to include survivor spouses

Until now, payments to Holocaust survivors stopped when they died — often leaving their spouses without a major source of income. The German government has now agreed for the first time to extend compensation.

NPR

2019  Holocaust Survivors And Victims' Families Receive Millions In Reparations From France

The European Journal of International Law Vol. 22 no. 1 © EJIL 2011

The Restitution of Holocaust Looted Art and Transitional Justice: The Perfect Storm or the Raft of the Medusa  Thérèse O’Donnel,


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Holocaust survivor Ruth Abraham, 86, is part of a class-action suit seeking restitution from two of Germany's largest commercial banks. She holds a photograph of her parents, who died in a Nazi concentration camp. (Photo Credit: Kai Pfaffenbach, Reuters)


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Should survivors seek compensation
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