It made its last debt payment on October 3, 2010-the 20th anniversary of German reunification. Once that happened, Germany slowly chipped away at the last bit of debt. At the London Conference, West Germany argued it shouldn’t be responsible for all of the debt the old Germany had incurred during World War I, and the parties agreed that part of its back interest wouldn’t become due until Germany reunified. I hope this video doesnt come across as bitter, Im just upset on how much they messed up with this amazing franchise. Still, it took decades for Germany to pay off the rest of its reparations debt. This “economic miracle” helped stabilize the economy, and the new plan used the potential of reparations payments to encourage countries to trade with West Germany. Soon, West Germany, bolstered by Marshall Plan aid and relieved of most of its reparations burden, was Europe’s fastest-growing economy. And because West Germany was required to pay only when it had a trade surplus, the agreement gave breathing room for economic expansion. The London Debt Conference canceled half of Germany’s debt and extended payment deadlines.

But an unexpected ray of hope broke through when West Germany’s president, Konrad Adenauer, struck a deal with a variety of western nations in 1953. By then, West Germany owed 30 billion Deutschmarks to 70 different countries, according to Deutsche Welle’s Andreas Becker, and was in desperate need of cash.

Dawn of war 3 failed