Art Looted by Nazis Found in Munich

Collection of 1,500 pieces

A collection of 1,500 artworks confiscated by the Nazis in the 1930s and 1940s has been found in the German city of Munich, media reports say.

The trove is believed to include works by Matisse, Picasso and Chagall, the news magazine Focus reports.

Some of the works were declared as degenerate by the Nazis, while others were stolen from or forcibly sold for a pittance by Jewish art collectors.

If confirmed, it would be one of the largest recoveries of looted art.