Struggle for Survival: American Aid and Greek Reconstruction
Although the objective of Marshall Plan aid was to stimulate economic recovery, most of the aid given to Greece was devoted to other purposes. Because Greece was engaged in a civil war, and also lacked a stable political leadership, it could only afford to devote these funds towards its basic struggle for survival. With $649 million in aid, Greece was the fourth largest recipient of Marshall Plan funds. These funds successfully supported the military campaign against communism, and also laid the foundations for future economic growth in the 1950s. Nevertheless, Greece remained economically dependent on foreign aid long after the Marshall Plan had ended.
KeywordsEurope Income Assure Turkey Arena
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