Hungary: Holocaust payout delay solved
About $5.6 million (4.2 million euro) will be transferred to the Jewish Heritage of Hungary Public Endowment (Mazsök) as part of a restitution deal with a US-based Holocaust restitution organisation, the Hungarian government announced on July 13 2013.
The deal ends a year-long dispute over transparency that had led to a freeze in payments to survivors living abroad.
An earlier, five-year deal with the Claims Conference signed in 2007 under which $21 million (16 million euro) would have been paid to Holocaust survivors lapsed last year and has not been extended.
An earlier, five-year deal with the Claims Conference signed in 2007 under which $21 million (16 million euro) would have been paid to Holocaust survivors lapsed last year and has not been extended.
For the full story, please visit The Budapest Times
(Dohány Street Synagogue in Budapest. Photo: Clive Leviev-Sawyer)
