For whom was the Marshall Plan named and how much money did it extend to Europe?

July 5, 2020December 9, 2011 by Pamela Landy

The Marshall Plan was named for U.S. Secretary of State George C. Marshall and was formally known as the European Recovery Program.

The Marshall Plan expended $12.5 billion in U.S. loans and grants to help rebuild Europe after World War II.

Payments were made in the fiscal years 1949 through 1952.

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