Bonn Makes Its Final Gulf War Payment
Germany paid its final installment of $1.68 billion in Gulf War aid to the United States on Thursday, fulfilling its pledge of $5.5 billion for Washington.
This put the total of German aid for the Gulf allies at just over $10.5 billion, mainly as cash contributions.
The total included $250 million extra that Bonn was forced to pay because of the dollar’s rise against the mark since Germany made its pledge in late January.
Finance Minister Theo Waigel, who returned Tuesday from talks in Washington, drew harsh criticism from the opposition Social Democrats for the government’s decision to pay off the full pledge.