Germany signed a war guilt clause and was required to pay reparations for World War I. The last payment of $93.8 million was made in 2010, 91 years after the deal. Over 10 million soldiers died in the war.
Most of us learned in school that World War I lasted for four years and ended in 1919 with the Treaty of Versailles. Not many of us know however that Germany signed a war guilt clause and was required to pay reparations for the destruction caused by the war. Germany paid the last installment of its debt in October 2010, meaning that World War I officially ended in 2010. Germany stopped its payments between 1931 and 1953. Payments have been continued since German Chancellor Konrad Adenauer. Germany made the last payment of about $93.8 million in 2010, 91 years after the deal.
Read more about the First World War:
Germany is believed to have lost the most soldiers during the war, with nearly 1.8 million killed.
Nearly 10 million soldiers died in World War I and another 22 million were wounded.
Although the armistice ending the war was signed in the early morning of November 11, 1918, over 2700 soldiers were killed in the hours before it went into effect at 11am.
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