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Restitution of Holocaust-Era Assets: Promises and Reality

Restitution of Holocaust-Era Assets: Promises and Reality

March 1, 2007 | Sidney Zabludoff
Less than 20 percent of the value of Jewish assets stolen by the Nazis and their collaborators has been restored. At least $115-$175 billion (2005 prices) remains unreturned despite numerous clear and explicit international agreements and country promises made during World War II and immediately thereafter. Even the highly publicized resurgence of restitution efforts since the mid-1990s resulted in the return of only 3 percent of Holocaust property.