The Jerusalem Post website reports today (July 9, 2012) that Germany has agreed to provide restitution payments to an additional 80,000 Jews in what Claims Conference officials are describing as a historic breakthrough.
The agreement -- which was reached today in negotiations between German officials and Claims Conference representatives -- is likely to result in additional payments of approximately $300 million.
Most of the money will go to Nazi victims in the former Soviet Union, who have never before qualified for pensions or payments from German restitution money.
Greg Schneider -- the executive vice president of the Claims Conference in Washington, D.C. where the negotiations took place -- said, "This is the last group of people who have never received any compensation. To be able to do that at this stage ....for 80,000 people is tremendous."