The Reparations Agreement between Israel and the Federal Republic of Germany (“Luxembourg Agreement”, “Wiedergutmachungsabkommen” or “Reparations Agreement”) was signed on September 10, 1952, and entered in force on March 27, 1953. According to the Agreement, West Germany was to pay Israel for the costs of “resettling so great a number of uprooted and destitute Jewish refugees” after the war, and to compensate individual Jews, via the Conference on Jewish Material Claims Against Germany, for losses in Jewish livelihood and property resulting from Nazi persecution. read more…