Germanys War Debt to Greece

The book chronicles the Occupation Loan that was forcibly obtained by the Third Reich from the Greece in 1942-1944 and demonstrates why Greece's claim for the repayment of the loan is still valid. To overcome the absence of a normal debt agreement between the two countries, various assessments of its current value are presented and discussed.

Reading a few pages of Christodoulakis's economic analysis of the loan's valuation might be of interest to specialists on this topic. Those interested in learning the perspective of a former Greek Minister for Economy and Finance on the general issue of German reparations for World War II and the specific topic of the loan might also want to read this book. (Gabriella Etmektsoglou, Journal of Modern Greek Studies, Vol. 33 (2), October, 2015)

Autorentext
Nicos Christodoulakis is Professor of Economic Analysis in the Athens University of Economics and Business (AUEB), Greece, and a Research Associate with the Hellenic Observatory at the London School of Economics, UK. His recent titles include the books Economic Theories and Crises, and Euro or Drachma? on the choices currently faced by the Greek economy. During 2002-2003, he served as Minister of National Economy and Chairman of the Eurogroup.

Inhalt

1. Infliction 2. The Fruitless Claim 3. The Impasse Continues 4. The Valuation Mess 5. A Realistic Valuation 6. Negotiation