According to the Yalta Conference , no reparations to Allied countries would be paid in money . Instead , much of this value consisted of German industrial assets , as well as forced labour to the Allies . The Allied demands were further outlined during the Potsdam Conference . Reparations were to be directly paid to the four victor powers ( France , Britain , USA and the Soviet Union ) , for the countries in the Soviet sphere of influence , the Soviet Union would determine its distribution
Potsdam Conference
Potsdam Conference
World War II reparations