a debt relief treaty between the Federal Republic of Germany and creditor nations; signed in London on February 27, 1953, and came into force on September 16, 1953
Highlighted phrases
london debt agreement
a conference convened by Americans to reach the so-called London Debt Agreement [...] Nations and private creditors owed money by the German state and by German corporations were persuaded to write off more than 70per cent of the money they were due.
notable
7 years, 3 months ago