1948 Marshall Plan approval
70 years ago, on April 3, 1948, US President Harry Truman approved the Marshall Plan - the Economic Cooperation Act, which provided for a 4-year program of economic assistance to Europe. The total amount of appropriations under the Marshall Plan from April 4, 1948 to December 1951 amounted to about 13 billion dollars, including England - 2.8 billion, France - 2.5 billion, Italy - 1.3 billion, West Germany - 1 .3 billion and the Netherlands - $1 billion.