WARSAW: Poland estimates its World War II losses caused by Germany at 6.2 trillion zlotys (US$1.32 trillion), the leader of the country's ruling nationalists said on Thursday (Sep 1), and he said Warsaw would officially demand reparations. Poland's biggest trade partner and a fellow member of the European
WARSAW: Poland estimates its World War II losses caused by Germany at 6.2 trillion zlotys , the leader of the country's ruling nationalists said on Thursday , and he said Warsaw would officially demand reparations.
Poland's new estimate tops the US$850 billion estimate by a ruling party lawmaker from 2019. The ruling Law and Justice party has repeated calls for compensation several times since it took power in 2015, but Poland hasn't officially demanded reparations. The combative stance towards Germany, often used by PiS to mobilize its constituency, has strained relations with Berlin. It intensified after Russia invaded Ukraine amid criticism of Berlin's dependence on Russian gas and its slowness in helping Kyiv.
In 1953 Poland's then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Poland seeks Nazi wartime damages worth over a trillion dollars from GermanyGermany has maintained its financial obligations from the war are settled. Read more at straitstimes.com.
Read more »
Oil recoups some losses on signs of firm US fuel demandMELBOURNE : Oil prices inched up on Wednesday as industry data showed U.S. fuel stocks fell more than expected, recovering slightly from a 5 per cent drop on Tuesday on fears fuel demand will suffer as China steps up COVID-19 curbs and central banks hike interest rates.U.S. West Texas Intermediate (WTI) c
Read more »
Poland seeks Nazi wartime damages worth over a trillion dollars from GermanyGermany has maintained its financial obligations from the war are settled. Read more at straitstimes.com.
Read more »
Oil crawls back up on signs of firm US fuel demand, weaker dollarMELBOURNE :Oil prices recovered slightly on Wednesday as data pointed to firm fuel demand in the United States, providing respite after a 5 per cent drop a day earlier on fear of demand suffering from increased China COVID-19 curbs and central bank interest rate hikes.A slightly weaker U.S. dollar also shored
Read more »