Agreement with Israel on reparations

To make reparations to the Jewish victims of national socialism, Federal Chancellor Konrad Adenauer (CDU) and Israel’s foreign minister Moshe Sharett sign the „Luxembourg Accord“ on 10 September 1952. It guarantees Israel the payment of three billion German marks. These are to be used both to integrate Jewish refugees and expellees into the young nation and to compensate for Jewish fortunes lost during the national socialist period. On the same day an assistance treaty for the amount of 450 million German marks is concluded with the „Jewish Claims Conference“, the umbrella organisation of the Jewish Diaspora.

© Geller Signing the Luxembourg Agreement for West German Holocaust reparations to Israel. Left: West German side, Chancellor Adenauer center; right: Israeli side, Moshe Sharett and Felix Shinnar, head of the israeli commission and later ambassador in Bonn