Germany paid Israel “reparations”?

http://www.zundelsite.org/english/reparations/index.html

So far Germany has paid over DM 120,000,000,000 in repatations.

And the number is increasing:

http://en.wikipedia.org/wiki/Reparations_Agreement_between_Israel_and_West_Germany

The final debate over reparations, held in the Knesset in January 1952, was accompanied by a violent demonstration against the Agreement, led by Menachem Begin. Nevertheless, an agreement was signed in September of that year, and West Germany paid Israel a sum of 3 billion marks over the next fourteen years; 450 million marks were paid to the World Jewish Congress. The payments were made to the State of Israel as the heir to those victims who had no surviving family. The money was invested in the country's infrastructure and played an important role in establishing the economy of the new state.