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London Agreement on German External Debts

Index London Agreement on German External Debts

The London Agreement on German External Debts, also known as the London Debt Agreement (German: Londoner Schuldenabkommen), was a debt relief treaty between the Federal Republic of Germany and creditor nations. [1]

18 relations: Dawes Plan, Debt relief, Deutsche Mark, Eastern Bloc, Economy of Germany, Euro, European Review of Economic History, German reunification, International Monetary Fund, Marshall Plan, Stern (magazine), Treaty of Versailles, West Germany, World Bank, World Trade Organization, World War I reparations, World War II reparations, Young Plan.

Dawes Plan

The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was an initial plan in 1924 to resolve the World War I reparations that Germany had to pay, which had strained diplomacy following World War I and the Treaty of Versailles.

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Debt relief

Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations.

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Deutsche Mark

The Deutsche Mark ("German mark"), abbreviated "DM" or, was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002.

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Eastern Bloc

The Eastern Bloc was the group of socialist states of Central and Eastern Europe, generally the Soviet Union and the countries of the Warsaw Pact.

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Economy of Germany

The economy of Germany is a highly developed social market economy.

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Euro

The euro (sign: €; code: EUR) is the official currency of the European Union.

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European Review of Economic History

The European Review of Economic History is an international peer-reviewed academic journal published three times per year by Cambridge University Press in association with the European Historical Economics Society.

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German reunification

The German reunification (Deutsche Wiedervereinigung) was the process in 1990 in which the German Democratic Republic (GDR, colloquially East Germany; German: Deutsche Demokratische Republik/DDR) became part of the Federal Republic of Germany (FRG, colloquially West Germany; German: Bundesrepublik Deutschland/BRD) to form the reunited nation of Germany, and when Berlin reunited into a single city, as provided by its then Grundgesetz (constitution) Article 23.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Marshall Plan

The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $13 billion (nearly $ billion in US dollars) in economic assistance to help rebuild Western European economies after the end of World War II.

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Stern (magazine)

Stern (German for "Star") is a weekly news magazine published in Hamburg, Germany, by Gruner + Jahr, a subsidiary of Bertelsmann.

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Treaty of Versailles

The Treaty of Versailles (Traité de Versailles) was the most important of the peace treaties that brought World War I to an end.

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West Germany

West Germany is the common English name for the Federal Republic of Germany (FRG; Bundesrepublik Deutschland, BRD) in the period between its creation on 23 May 1949 and German reunification on 3 October 1990.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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World War I reparations

World War I reparations were compensation imposed during the Paris Peace Conference upon the Central Powers following their defeat in the First World War by the Allied and Associate Powers.

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World War II reparations

After World War II, both West Germany and East Germany were obliged to pay war reparations to the Allied governments, according to the Potsdam Conference.

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Young Plan

The Young Plan was a program for settling German reparations debts after World War I written in August 1929 and formally adopted in 1930.

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Redirects here:

1953 London Debt Agreement, Agreement on German Debts, Agreement on German External Debts, Agreement on german external debts, London Debt Agreement, London Debt Agreement of 1953, London Debts Agreement, London Debts Agreement of 1953, London debt accord, The 1953 London Debt Agreement.

References

[1] https://en.wikipedia.org/wiki/London_Agreement_on_German_External_Debts

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