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International

01 June 1947

The Marshall Plan

In June 1947, US Secretary of State George Marshall outlined his plan to reconstruct Europe’s economy. Aid was to be given in the form of food, grants for buying equipment, improvement of transport systems, investment etc. The proposal, adopted in April 1948, was known as the Marshall Plan or the European Recovery Program. The US administration wanted economic recovery and political stabilization in Europe, including the United Kingdom, France and Italy, which faced financial hardship after the Second World War.

The Marshall Plan

Written by Prof. Wojciech Roszkowski and Dr Nathan Marcus, edited by Prof. Peer Vries.

01 June 1947

June 1, 1947: Communists Take Over after Ousting Prime Minister Ferenc Nagy

30 December 1947

Proclamation of the Romanian Popular Republic