how much did germany have to pay in reparations after world war 1
World War I reparations The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required Germany to pay 132Â billion gold marks (US$33 billion) in reparations to cover civilian damage caused during the war. This figure was divided into three categories of bonds: A, B, and C. Of these, Germany was required to pay towards 'A' and 'B' bonds totaling 50 billion marks (US$12.5 billion) unconditionally. The payment of the remaining 'C' bonds was interest free and contingent on the Weimar Republic's ability to pay, as was to be assessed by an Allied committee.
History of Germany (1945–90) As a consequence of the defeat of Nazi Germany in World War II, Germany was cut between the two global blocs in the East and West, a period known as the division of Germany. Germany was stripped of its war gains and lost territories in the east to Poland and the Soviet Union. At the end of the war, there were in Germany some eight million foreign displaced persons[1]Â ; mainly forced laborers and prisoners; including around 400,000 from the concentration camp system,[2] survivors from a much larger number who had died from starvation, harsh conditions, murder, or being worked to death. Over 10 million German-speaking refugees arrived in Germany from other countries in Central and Eastern Europe.[3] Some 9 million Germans were POWs,[4] many of whom were kept as forced laborers for several years to provide restitution to the countries Germany had devastated in the war, and some industrial equipment was removed as reparations.