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What’s the context? US Secretary of State proposes a ‘Marshall Plan’ for the reconstruction of Europe, 5 June 1947

Posted by: , Posted on: - Categories: Foreign Office Historians, What's the context? series
A class of elderly gentlemen, dressed in graduation robes which are about receive honorary degree at Harvard.

...between 1948 and 1950, the US channelled $12 billion into the European Recovery Programme. Britain received the lion’s share of $2.7 billion. The US offer and Soviet response set the...