World Jewish News

Study: Not enough restitution to Shoah victims

Holocaust survivors and their heirs are still owed US$ 115-175 billion (at 2005 prices) in restitution, despite six decades of efforts to return everything the Nazis stole, from their homes to businesses, a new study claims. In the last decade, restitution efforts intensified due to the end of the Cold War, as well as public pressure spurred by new reports of the extent of Nazi looting and an uproar over efforts by Swiss banks to conceal victim accounts, said the study's author, international economist Sidney Zabludoff. The study was prepared for Jerusalem-based Jewish Political Studies Review and made available to "Reuters". European nations have pledged US$ 3.4 billion in restitution payments, though only about half of that was paid by 2005. During the entire post-war period, only about 20 percent of the assets looted from Europe's Jews was returned, Zabludoff said.

Источник: worldjewishcongress.org