Relations between Germany and Greece hit a new low last week after the Athens government said it would pursue reparations from Germany for war crimes committed by Nazi troops in World War II.
Greek Prime Minister, Alexis Tspiras, stated that Germany had "never properly paid reparations for the damage done," according to Reuters. It was only last week, that the U.K. government announced that they had finally finished paying back their debt loan from World War I.
So why are countries still paying back debt from the wars of the last century and who has to pay the most? Most of the sums involved are the subject of intense speculation and do not have a precise figure put to them. Most sums were originally agreed in now obsolete currencies and have been renegotiated countless times.
CNBC takes a look at who owes what to whom after the two world wars.