Skip to content
Advertisement

Business

German compensation payments now predicted for late May or early June

Yesterday German companies announced that they had covered the last shortfall in a DM 10 billion fund to compensate those who were forced to work as slave laborers during World War II. However it is still uncertain when the Nazi era victims will receive their payments, as US-based courts must first dismiss suits filed against German companies before payments can be disbursed. According to deputy head of the Polish-German Reconciliation Fund Jacek Pajak, the compensation payments will arrive in late May or early June.The share destined for Polish slave laborers equals DM 1.8 billion ($838 million). (Zycie, p.4; Reuters) A.Z.

More from Business All