Germany has agreed to provide more than a half billion euros to aid Holocaust survivors struggling under the burdens of the coronavirus pandemic, the organisation that negotiates compensation with the German government said on Wednesday.

The payments will be going to approximately 2,40,000 survivors around the world, primarily in Israel, North America, the former Soviet Union and Western Europe, over the next two years, according to the New York-based Conference on Jewish Material Claims Against Germany, also referred to as the Claims Conference.