what did germany have to pay after ww2
War reparations After World War II, according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly in machinery and manufacturing plants. Reparations to the Soviet Union stopped in 1953. Large numbers of factories were dismantled or destroyed.[citation needed] Dismantling in the west stopped in 1950.
Berlin Blockade That same day, a Soviet representative told the other three occupying powers that "We are warning both you and the population of Berlin that we shall apply economic and administrative sanctions that will lead to the circulation in Berlin exclusively of the currency of the Soviet occupation zone."[35] The Soviets launched a massive propaganda campaign condemning Britain, the United States and France by radio, newspaper and loudspeaker.[35] The Soviets conducted well-advertised military maneuvers just outside the city. Rumors of a potential occupation by Soviet troops spread quickly. German communists demonstrated, rioted and attacked pro-West German leaders attending meetings for the municipal government in the Soviet sector.[35]
History of Germany (1945–90) At the Potsdam Conference (17 July to 2 August 1945), after Germany's unconditional surrender on 8 May 1945,[6] the Allies divided Germany into four military occupation zones â€” France in the southwest, Britain in the northwest, the United States in the south, and the Soviet Union in the east, bounded eastwards by the Oder-Neisse line. At Potsdam these four zones in total were denoted as 'Germany as a whole', and the four Allied Powers exercised the sovereign authority they now claimed within Germany in agreeing 'in principle' the future transfer of lands of the former German Reich east of 'Germany as a whole' to Poland and the Soviet Union.[7] These eastern areas were notionally placed under Polish and Soviet administration pending a final peace treaty (which was not formalized until 1990, 45 years later); but in actuality were promptly reorganized as organic parts of their respective sovereign states.
Dividend yield Its reciprocal is the Price/Dividend ratio.