From the Greek television series Pandora’s Box, the little known story of the huge debt Germany owes to Greece, stemming from World War II reparations and a loan extracted from the country at gunpoint.
It’s in Greek, so click on the CC button for English subtitles. The button will appear in the lower right panel after you click play.
The program notes:
This report by Kostas Vaxevanis for the Greek show “Pandora’s box” (NET, Feb. 21th 2012), investigates the German debt to Greece, accounting of over €400 billion, with interest rates included. This is higher than the current Greek external debt. It is made by the reparations that Germany still refuses to pay to Greece since WWII, plus a loan supplied forcibly by the occupied Greece to Nazi Germany at the same period.
Maybe it’s time for a little German austerity?