A Swiss fund for needy Holocaust victims will finish making payments within a year, according to the fund’s head. Rolf Bloch added last week that payments to some 150,000 survivors in Israel will be made within six months to a year. The payments have been delayed by a dispute over how the moneys will be distributed. Bloch also said that the Swiss government will not make any contributions to the approximately $187 million fund, which was created in 1997 by Switzerland’s leading private banks as part of the Alpine nation’s effort to come to terms with its wartime past.
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