Reparations Agreement between Israel and West Germany

The Reparations Agreement between Israel and the Federal Republic of Germany (German: Luxemburger Abkommen "Luxembourg Agreement" or Wiedergutmachungsabkommen "Wiedergutmachung Agreement", Hebrew: הסכם השילומים Heskem HaShillumim "Reparations Agreement") was signed on September 10, 1952, and entered in force on March 27, 1953. According to the Agreement, West Germany was to pay Israel for the slave labor of Jews during the Holocaust, and to compensate for losses in Jewish livelihood and property that was stolen by the Nazis due to its persecution and genocide.