$170-million Holocaust recompense
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The Belgian government and banks announced that they would pay $170 million to Holocaust survivors, families of victims and the Jewish community for their material losses during Word War II.
Overall, $54 million will be paid to individual claimants, with the rest going to a Jewish trust that will help the poor and keep the memory of the horrors of World War II alive. About half of the 50,000 Jews in Belgium died in the Holocaust.
Belgian authorities will provide $69.8 million, and $85 million will come from banks. Most of the remainder will come from insurance firms.
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