February 13, 2012
Filled Under: EDUCATION HISTORY
“The Framers [of the Greek Constitution] knew that free speech is the friend of change and revolution. But they also knew that it is always the deadliest enemy of tyranny.” - Hugo Black
With massacres in well over 89 cities and villages across Greece, with thousands dead, economic exploitation and great famine, Germany has yet to pay back to Greece the loan it borrowed from us AND SIGNED FOR in the 1940s!
Greece suffered greatly during the occupation. The country's economy had already been devastated from the 6-month long war, and to it was added the relentless economic exploitation by the Nazis. Raw materials and foodstuffs were requisitioned, and the collaborationist government was forced to pay the cost of the occupation, giving rise to inflation.
This was further exacerbated by a "war loan" which Greece was forced to grant to the German Reich. This "loan" was never paid back and severely devalued the Drachma. Requisitions, together with the Allied blockade of Greece, the ruined state of the country's infrastructure and the emergence of a powerful and well-connected black market, resulted in the Great Famine during the winter of 1941-42 (Greek: Μεγάλος Λιμός), when an estimated 300,000 people perished in greater Athens.
Despite aid from neutral countries like Sweden and Turkey (see SS Kurtuluş), the overwhelming majority of foodstuff ended up in the hands of the government officials and black market traders who used their connection to the Axis Occupation authorities to "buy" the aid from them and then sell it on to the desperate population at enormously inflated prices. The great suffering and the pressure of the exiled Greek government eventually forced the British to partially lift the blockade, and from the summer of 1942, the International Red Cross was able to distribute supplies in sufficient quantities.
Source - Wikipedia
Note: Hellasfrappe will continue to publish historical data because frankly we are fed up with the propaganda and animosity against Greece and its people! It is time -with proof- that the truth be told!
"War Loan" To Germany Was Never Paid Back To Greece!
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“The Framers [of the Greek Constitution] knew that free speech is the friend of change and revolution. But they also knew that it is always the deadliest enemy of tyranny.” - Hugo Black
With massacres in well over 89 cities and villages across Greece, with thousands dead, economic exploitation and great famine, Germany has yet to pay back to Greece the loan it borrowed from us AND SIGNED FOR in the 1940s!
Greece suffered greatly during the occupation. The country's economy had already been devastated from the 6-month long war, and to it was added the relentless economic exploitation by the Nazis. Raw materials and foodstuffs were requisitioned, and the collaborationist government was forced to pay the cost of the occupation, giving rise to inflation.
This was further exacerbated by a "war loan" which Greece was forced to grant to the German Reich. This "loan" was never paid back and severely devalued the Drachma. Requisitions, together with the Allied blockade of Greece, the ruined state of the country's infrastructure and the emergence of a powerful and well-connected black market, resulted in the Great Famine during the winter of 1941-42 (Greek: Μεγάλος Λιμός), when an estimated 300,000 people perished in greater Athens.
Despite aid from neutral countries like Sweden and Turkey (see SS Kurtuluş), the overwhelming majority of foodstuff ended up in the hands of the government officials and black market traders who used their connection to the Axis Occupation authorities to "buy" the aid from them and then sell it on to the desperate population at enormously inflated prices. The great suffering and the pressure of the exiled Greek government eventually forced the British to partially lift the blockade, and from the summer of 1942, the International Red Cross was able to distribute supplies in sufficient quantities.
Source - Wikipedia
Note: Hellasfrappe will continue to publish historical data because frankly we are fed up with the propaganda and animosity against Greece and its people! It is time -with proof- that the truth be told!
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