Did Europe Ever Pay Back the Marshall Plan? Analyzing Economic Impact and Recovery Aid
Yes, European countries, especially Germany, repaid the Marshall Plan. Germany received about $1.4 billion in economic aid. By 1971, it repaid $1 billion. The rest became grants under a 1953 debt agreement. This repayment reflects the significant financial assistance that supported post-World War II recovery in Europe. The Marshall Plan also laid the foundation for … Read more