While after World War II, West Germany accepted and settled most of the outstanding debt, after the country's reunification, the treaty mandated further interest payments, which began again in 1996. As The Daily mail reports, the last check will be mailed this Sunday:
'On Sunday the last bill is due and the First World War finally, financially at least, terminates for Germany,' said Bild, the country's biggest selling newspaper.
Most of the money goes to private individuals, pension funds and corporations holding debenture bonds as agreed under the Treaty of Versailles.
The German government did not reveal how the money will be disbursed but it is understood that it is transferred to a holding account before being sent to the relevant bond and debt holders.
Most of these are American and French.
Read the full story at The Daily Mail.
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