Friday, July 18, 2014

Saxony government settles clams with members of former royal family

It has taken 18 years of negotiations, but the government of the Saxony in Germany has come to agreement with members of the former royal house of Saxony.  The family will receive 4.8 million Euros, along with 1312 books, maps, sheet music, correspondence, letters, weapons and 11 pieces of furniture.

The fourth and final settlement was signed by Prince Alexander of Saxe-Gessaphe, who the Saxony government recognizes as head the family, and others.

The family plans to sell the newly returned items, and they expect to earn  1.15 million Euros.

The family possession had been expropriated by the German Democratic Republic.

http://www.handelsblatt.com/panorama/kultur-literatur/enteignete-kunstschaetze-haus-wettin-erhaelt-millionenabfindung/10215386.html

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