June 16, 1932 (, Ren Shen on May 13), the Lausanne meeting decided to stop the German reparations.

German reparations is one of the First World War, the legacy of the most complex international issues. June 16, 1932, to continue to discuss the issue of German reparations, the respective countries in Lausanne meeting. American fear of being canceled all war debt, and refused to send official representatives, only to send observers to the meeting.
At the meeting, the British advocate reparations and war debts together with write-off; France want to cancel the war debts, retain reparations; proposed because of the economic crisis in Germany, unable to implement the the Young Plan requirements for final settlement of German reparations. Britain, France, Italy, more than other countries unanimously opposed views of Germany, it still needs to pay a certain amount of reparations.
finally reached agreement signed on July 9, Lausanne Agreement to provide that the German final compensation in the amount of 3 billion marks. Cease three years after 37 years paid Fractional. In addition, Germany must to pay the interest on the loans by the Young and Dawes. Later even this indemnity in Germany nor in full reimbursement until after Hitler came to power, simply the abolition of all indemnity obligations.