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Firms Put Their Half in Slave-Labor Fund

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From Times Wire Reports

The German industry foundation set up to compensate Nazi-era slave laborers said it has gathered its half of a $4.8-billion national fund, ending months of pleading to companies to fulfill their moral responsibility for Germany’s past.

However, it wasn’t clear when the estimated 1 million elderly survivors will be paid from the government-industry fund. The companies insist on the dismissal of class-action lawsuits in the United States before they transfer the money.

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