Signed at the 1919 Paris Peace Conference, the Treaty of Versailles the formal agreement that ended World War I stripped Germany of its colonies overseas and the region of Alsace-Lorraine (now part of France), placed restrictions on its military and levied punitive damages for supposedly starting what was, at the time, the most destructive war the world had ever seen. (See pictures of Hitler's rise to power.) ![]() The story of German reparations involves several payment plans, years of inflation, broken promises, canceled debts and a man named Adolf Hitler who flat out refused to give anyone anything. Germany's last $94 million payment issued on Sunday isn't a direct reparations settlement but rather the final sum owed on bonds that were issued between 19 and sold to foreign (mostly American) investors but then never paid. What took Germany so long to pay for the war? Didn't World War I end long ago? Does this mean we're all survivors of the Great War? That's not to say that Germany has been paying its dues consistently over the decades the country defaulted on its loans many times and the current payouts have only been happening since the 1990s. 3, nearly 92 years after the country's defeat by the Allies. ![]() Germany made its final reparations-related payment for the Great War on Oct.
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