EJP: Lithuania is to delay payments froms a compensation fund for Jewish property seized by the Nazis during World War II and kept by the state in the Soviet era, a government spokesman said Monday.
“The government has decided that compensation payouts will begin in 2012, because of the economic crisis, and will continue for 10 years,” Ridas Jasulionis told AFP after a cabinet meeting.
Under rules drawn up in March, and yet to be approved by parliament, Lithuania had decided to start payouts in 2011 in an attempt to settle the vexed issue of compensation for property seized from the Jewish community before the Holocaust.
The Lithuanian government has been slashing public spending in the face of a crisis which is expected to see the economy shrink by 18.2 percent this year.
Under the compensation plan, the state pledged to pay out 113 million litas (33 million euros, 46 million dollars) — about one third of the value of such property — from a government fund up to 2021.
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