European Recovery Program

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European Recovery Program:

see Marshall PlanMarshall Plan
or European Recovery Program,
project instituted at the Paris Economic Conference (July, 1947) to foster economic recovery in certain European countries after World War II. The Marshall Plan took form when U.S. Secretary of State George C.
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References in periodicals archive ?
In fact, by the end of the fight for passage of the European Recovery Program, it was the threat of communism that most often moved resistant Americans toward acceptance of this European commitment.
ecumenists had on the creation of the European Recovery Program, the "Marshall Plan."
In 1947 and after, the success of the European Recovery Program depended on cheap oil.
In foreign affairs, the European Recovery Program continued with military aid to Greece, Turkey, and China.
Byrnes as Secretary of State (January 1947); made a famous speech at Harvard calling for economic aid to reconstruct war-devastated Europe, which resulted in the European Recovery Program, better known as the Marshall Plan (June 1947); resigned from the Cabinet (January 1949); returned as secretary of defense (September 1950); held that post for a year during the early phases of the Korean War; suffered public attack by Sen.

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