The German government will pay out €772 million ($1 billion) for the care of aging Holocaust survivors following talks between Germany’s Finance Ministry and the Jewish Claims Conference (JCC), a Jewish fund designed to help victims of Nazism.
The new compensation, which will be shelled out in stages between 2014 and 2017, will benefit almost 56,000 people around the world – about one-third of them currently resident in Israel -- Germany’s Der Spiegel newspaper reported.
     |
