Answer:
The payment of these reparations had to continue, however Stresemann's decisive actions in the autumn of 1923 gave Germany the sympathy of the Allies. The Allies agreed to renegotiate reparations which led to two new plans over the next five years:
The Dawes Plan (1924).
It was proposed in April 1924, later agreed to in September 1924. The amount of reparations that had to be paid stayed the same overall, but Germany only had to pay one billion Marks for the first 5 years, then it increased to 2.5 billion Marks per year after the first five years. The amount of time which the reparations had to be paid was not decided; indefinite. The USA loaned Germany 800 million Marks.
The Young Plan (1929).
It was proposed in August 1929, but agreed in January the following year. This plan reduced the total amount of reparations to be paid by 20%. Germany had to pay 2 billion Marks per year, two thirds of which could be delayed each year if it were necessary. The amount of time over which these reparations had to be paid was 59 years, where the payments would end in 1988. American banks would continue to give money to Germany, which was coordinated by J.P. Morgan, one of the world's leading bankers.
Did the Weimar economy really recover?
The years 1924 to 1929 have been referred to as the 'Golden Years' of Weimar, but some historians disagree as to just how much the economy recovered from the consequences of WW1 and hyperinflation.
Signs of recovery, and signs of continued weakness.
By 1928, industrial production levels were higher than those before World War One. However agricultural production didn't recover.
Between 1925 and 1929 exports increased by 40 percent. However, it spent more on imports than it earned from exports, so Germany lost money every year.
