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On September 10, 1952, the Federal Republic of Germany compensated Israel with US$822 million
On this day, 73 years ago, September 10, 1952 (July 22, 1952, the Federal Republic of Germany compensated Israel US$822 million. On September 10, 1952, representatives of Germany and Israel looked at each other across a wide conference table, and today they signed an agreement stipulating that Germany would provide Israel with nearly $1 billion in reparations for Nazi crimes against the Jews. The money included the losses of Jews who had been uprooted during the war, and the rest was given to Jews in exile around the world. An Israeli government agent said the agreement "serves as a precedent for voluntary reparations and is of moral importance to the world." Nearly 6 million Jews died in concentration camps during this war.


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