Germany Pledges Financial Support for Up to 60,000 U.S. Seniors

Germany has pledged extra financial support to Holocaust survivors worldwide — including roughly 58,000 to 60,000 American seniors — amid the COVID-19 pandemic, reports Newsweek . The agreement between the German government and the New York-based Conference on Jewish Material Claims Against Germany is worth $663 million. Under the agreement's terms, a total of 240,000 survivors will qualify to claim $2,800 each over the next two years, to be received in annual payments of about $1,400. "In the face of a devastating global pandemic, it was vital to secure larger increases for survivors while also seeking immediate funds to help them through these extremely challenging times," said Claims Conference Special Negotiator Stuart E. Eizenstat. The commitment comes as talks between the White House and Capitol Hill Democrats over a further round of stimulus checks for Americans have hit one stalemate after another.