Infliction: Resource Expropriation as an Axis Policy

Nicos Christodoulakis

Chapter 1 in Germany’s War Debt to Greece: A Burden Unsettled, 2014, pp 1-9 from Palgrave Macmillan

Abstract: Abstract During the Axis occupation in 1941–1944, Germany and Italy forced the Bank of Greece in 1942 to provide vast credit facilities for financing their armies, on top of an extensive expropriation of resources already imposed upon the country. Though some repayments did take place before the end of the war, the bulk of the Loan obtained by Germany remains outstanding up to date. Chapter 1 describes why the Loan was not written-off during the various concessions to German war reparations, thus today Greece is fully entitled to claim its repayment.

Keywords: Hague Convention; Credit Facility; Greek State; Athens Stock Exchange; Axis Power (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-44195-9_1

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DOI: 10.1057/9781137441959_1

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