History of Europe

When did Germany finish paying reparations for World War 1?

Germany has never finished paying reparations for World War I. The Treaty of Versailles, which was signed in 1919 and ended World War I, required Germany to pay reparations to the Allied Powers, including France, Great Britain, and Italy, for the damage that Germany had caused during the war. The reparations were to be paid over a period of 30 years, but Germany was unable to make all of the payments due to the Great Depression and the rise of Adolf Hitler. In 1932, Germany stopped paying reparations altogether. The reparations issue was finally settled in 1953 with the signing of the London Agreement on German External Debts, which forgave the remaining debt.