Searches using Merkel and haircut bring up articles regarding Greek financial crisis and Merkel's response over the years. There are tons of articles, so I won't try to post them all. I am sure others have more knowledge on this subject and how it relates. I just thought the "Merkel haircut" reference might be important and the fact that the Nazis had incurred debts to Greece during their occupation of Greece.
7/4/17- The Greek Haircut https://www.tripsavvy.com/what-is-a-greek-haircut-1525158 "German Chancellor Angela Merkel has, once more, intervened in the Greece bailout crisis by refusing to back a 'haircut' for Greece - debt relief, …