IKEA to Compensate East German Political Prisoners with 6 Million Euro Fund

Ikea, a Swedish furniture giant, has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany's communist dictatorship. This comes after an independent investigation commissioned by the company following revelations in Swedish and German media reports over a decade ago. The reports exposed that prisoners were producing furniture for Ikea as recently as the 1970s and 1980s, specifically during the occupation of the former East Germany by the Soviet Union.