Austria shutters compensation fund for Nazi era victims

27 april 2022

Austria on Tuesday dissolved a fund set up in 2001 to compensate victims of Nazism, saying it had “fully completed its tasks,” according to a statement sent to AFP.

“The dissolution of the General Settlement Fund for Victims of National Socialism… marks the completion of one of Austria’s largest-scale projects to provide restitution and compensation for Nazi-seized assets,” it said.

More than 30,000 cases filed by people persecuted by the Nazis or their descendants have been heard.

“The General Settlement Fund made [payments] of $215 million in total. Around 25,000 beneficiaries received a payment from the General Settlement Fund,” the statement said.

https://mhnews24.in/austria-shutters-compensation-fund-for-nazi-era-victims/