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London Agreement on German External Debts information


Hermann Josef Abs signing the London Agreement on German External Debts on 27 February 1953.

The London Agreement on German External Debts, also known as the London Debt Agreement (German: Londoner Schuldenabkommen), was a debt relief treaty between the Federal Republic of Germany and creditor nations. The Agreement was signed in London on 27 February 1953, and came into force on 16 September 1953.[1]

  1. ^ "One Made it Out of the Debt Trap Lessons from the London Debt Agreement of 1953 for Current Debt Crises" (PDF).

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