Tag: London Debt Agreement of 1953

• Wednesday, February 27th 2013 - 21:00 UTC

  A turning event 60 years ago: ‘German economic miracle’ or debt condolence

  

  Highly indebted, without access to capital, viewed suspiciously by creditors, that was Germany in 1953. Half the country's debts were canceled 60 years ago this week, the foundation of the “economic miracle.”