The Netherlands and West Germany sign an agreement to negotiate the return of German land annexed by the Dutch in return for 280 million German marks as Wiedergutmachung.

The German word Wiedergutmachung after World War II refers to the reparations that the German government agreed to pay in 1953 to the direct survivors of the Holocaust, and to those who were made to work at forced labour camps or who otherwise became victims of the Nazis. The sum would amount, through the years, to over 100 billion Deutsche Mark. Historian Tony Judt writes about Wiedergutmachung:

In making this agreement Konrad Adenauer ran some domestic political risk: in December 1951, just 5 percent of West Germans surveyed admitted feeling guilty towards Jews. A further 29 percent acknowledged that Germany owed some restitution to the Jewish people. The rest were divided between those (some two-fifths of respondents) who thought that only people who really committed something were responsible and should pay, and those (21 percent) who thought that the Jews themselves were partly responsible for what happened to them during the Third Reich. When the restitution agreement was debated in the Bundestag on March 18th 1953, the Communists voted against, the Free Democrats abstained and both the Christian Social Union and Adenauers own CDU were divided, with many voting against any Wiedergutmachung (reparations).The noun Wiedergutmachung is the general term for "restitution" or "reparation". The noun is made up of wieder ("again"), gut ("good" or "well"), and machung, a verbal noun of machen ("to make"). The verb wiedergutmachen means literally "to make good again" or to compensate. Wiedergutmachungsgeld means "Wiedergutmachung money".

In the former East Germany, Wiedergutmachung was mostly directed to Poland and the former USSR.

The German federal office currently in charge of this issue is the Bundesamt fr zentrale Dienste und offene Vermgensfragen (BADV) (Federal Office for Central Services and Unresolved Property Issues). It applies the "Federal Compensation Laws" and took these responsibilities over from the Verwaltungsamt fr innere Restitutionen which, in its charter, states:

Individuals who were persecuted for political, racial, religious or ideological reasons by the wartime German regime are eligible for money from the German government under the terms of the Federal Compensation Law (BEG) of 1953 and 1956. This includes Jews who were interned in camps or ghettos, were obliged to wear the star badge, or who lived in hiding.Only people who were directly victimised are eligible for Wiedergutmachung, and not, for example, offspring born after the war or grandchildren. Statistics concerning Wiedergutmachung payments were released by the BEG through the mid-1980s, but have not since been publicly released. As of the mid-1980s, over four million claims had been filed and paid. Approximately 40% of the claims were from Israel, where many Holocaust survivors live, 20% were from Germany, and 40% were from other countries.

The process in Germany was often extremely difficult. According to a report commissioned by the German government on the "Fate of Jewish Clothiers in the Nazi Dictatorship": "For those who applied, the euphemistic-sounding terms compensation and reparations often meant a bitter fight which sometimes lasted for decades and over generations, and whose result was uncertain. Restitution of the assets confiscated unlawfully during those days has still not been fully completed."An unusual compensation was to the Republic of Ireland, a neutral country, for bombings in 1941.

On 3 December 1998, Germany was a signer of the "Washington Principles on Nazi-Confiscated Art". Adherence to these principles is strictly voluntary and not a legal requirement. The Washington Principles cover only items in the possession of public institutions, and not items in the possession of private individuals. Germany has no law in effect which actively requires institutions to have their possessions searched for Nazi-looted goods, unlike the 1998 restitution law in Austria.Unlike the Nuremberg trials in which Fritz Saukel received a death sentence for his organization of mass forced labor, Wiedergutmachung aimed to compensate the "victims of Nazi persecution" while presenting mass forced labor as a normal part of war rather than a crime.

The Netherlands (Dutch: Nederland [ˈneːdərlɑnt] (listen)), informally Holland, is a country located in Western Europe with overseas territories in the Caribbean. It is the largest of four constituent countries of the Kingdom of the Netherlands (the others being Aruba, Curaçao and Sint Maarten). In Europe, the Netherlands consists of twelve provinces, and borders Germany to the east, Belgium to the south, with a North Sea coast-line to the north and west. It also shares maritime borders with both countries and with the United Kingdom in the North Sea. The Caribbean overseas territories—Bonaire, Sint Eustatius and Saba—became special municipalities of the country of the Netherlands in 2010. The country's official language is Dutch, with West Frisian as a secondary official language in the province of Friesland, and English and Papiamento as secondary official languages in the Caribbean Netherlands. Dutch Low Saxon and Limburgish are recognised regional languages (spoken in the east and southeast respectively), while Dutch Sign Language, Sinte Romani, and Yiddish are recognised non-territorial languages.The four largest cities in the Netherlands are Amsterdam, Rotterdam, The Hague and Utrecht. Amsterdam is the country's most populous city and nominal capital, while The Hague holds the seat of the States General, Cabinet and Supreme Court. The Port of Rotterdam is the busiest seaport in Europe. Amsterdam Airport Schiphol is the busiest airport in the Netherlands, and the third busiest in Europe. The country is a founding member of the European Union, Eurozone, G10, NATO, OECD, and WTO, as well as a part of the Schengen Area and the trilateral Benelux Union. It hosts several intergovernmental organisations and international courts, many of which are centred in The Hague, which is consequently dubbed 'the world's legal capital'.Netherlands literally means "lower countries" in reference to its low elevation and flat topography, with only about 50% of its land exceeding 1 m (3.3 ft) above sea level, and nearly 26% falling below sea level. Most of the areas below sea level, known as polders, are the result of land reclamation that began in the 14th century. Colloquially or informally the Netherlands is occasionally referred to by the pars pro toto Holland. In the Republican period, which began in 1588, the Netherlands entered a unique era of political, economic, and cultural greatness, ranked among the most powerful and influential in Europe and the world; this period is known as the Dutch Golden Age. During this time, its trading companies, the Dutch East India Company and the Dutch West India Company, established colonies and trading posts all over the world.With a population of 17.6 million people, all living within a total area of roughly 41,800 km2 (16,100 sq mi)—of which the land area is 33,500 km2 (12,900 sq mi)—the Netherlands is the 16th most densely populated country in the world and the second-most densely populated country in the European Union, with a density of 526 people per square kilometre (1,360 people/sq mi). Nevertheless, it is the world's second-largest exporter of food and agricultural products by value, owing to its fertile soil, mild climate, intensive agriculture, and inventiveness.The Netherlands has been a parliamentary constitutional monarchy with a unitary structure since 1848. The country has a tradition of pillarisation and a long record of social tolerance, having legalised abortion, prostitution and human euthanasia, along with maintaining a liberal drug policy. The Netherlands abolished the death penalty in Civil Law in 1870, though it was not completely removed until a new constitution was approved in 1983. The Netherlands allowed women's suffrage in 1919, before becoming the world's first country to legalise same-sex marriage in 2001. Its mixed-market advanced economy had the eleventh-highest per capita income globally. The Netherlands ranks among the highest in international indices of press freedom, economic freedom, human development and quality of life, as well as happiness. In 2020, it ranked eighth on the human development index and fifth on the 2021 World Happiness Index.