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News Brief

October 21, 1998
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Germany’s new center-left government reportedly pledged to set up a foundation to compensate Nazi slave laborers. Chancellor-elect Gerhard Schroeder said there are no concrete plans yet for the fund, but “we’ve already started thinking about” working with German firms to deal with compensation. Outgoing Chancellor Helmut Kohl, who transfers power to Schroeder next week, had ruled out government participation in such funds, saying Germany had already paid billions of dollars in compensation.

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