The 1953 London Debt Agreement settled Germany's debts from the period between the two world wars, and allowed the country to re-establish its role in international capital markets. The Agreement wrote-down the overall debt by about 50 percent and gave the debtors a much longer period to repay....

The 1953 London Debt Agreement settled Germany's debts from the period between the two world wars, and allowed the country to re-establish its role in international capital markets. The Agreement wrote-down the overall debt by about 50 percent and gave the debtors a much longer period to repay....

Die Bundesrepublik Deutschland ist für viele Entwicklungsländer ein wichtiges Gläubigerland. In der Gruppe der "Highly Indebted Poor Countries" (HIPCs), einer von Weltbank und IWF klassifizierten Gruppe von 40 hoch verschuldeten und besonders armen Ländern, gehört die deutsche...