Germany is finally in the black. On Sunday, Germany paid off the last of the reparations set 92 years ago after the end of World War I. The final £60 million installment of the £22 billion debt was paid off pursuant to the 1919 Treaty of Versailles.
The bill was originally 226 billion Reichsmarks, but was later reduced to 132 billion — or what was calculated to be the equivalent of £22 billion at the time. Ten million died as a result of the war.