Thu, Jun. 07, 2007
Treaty Violation?
CK - Washington. The United States allocated $13.3 billion for the Marshall Plan to assist European recovery after WW II. Germany received $1.47 billion from the European Recovery Plan, as the program was officially known.
According to The Economic Miracle's Watering Can in the Atlantic Times of June 2007, Germany established a 150 million German Marshall Fund of the United States to reciprocate. Also, Germany was required to, and did, pay $1.5 billion into a European Recovery Program Special Fund to be used in aid of other countries.
The fund--administered by the Bank for Reconstruction, KfW, in Frankfurt--has grown to $16 billion. Now, the government intends to tap it, with $2.7 billion going to the federal budget, the AT reports. Would that amount to a treaty violation? AT notes a violation of the spirit of the mastermind behind the program, George C. Marshall. Marshall Fund
CK - Washington. The United States allocated $13.3 billion for the Marshall Plan to assist European recovery after WW II. Germany received $1.47 billion from the European Recovery Plan, as the program was officially known.
According to The Economic Miracle's Watering Can in the Atlantic Times of June 2007, Germany established a 150 million German Marshall Fund of the United States to reciprocate. Also, Germany was required to, and did, pay $1.5 billion into a European Recovery Program Special Fund to be used in aid of other countries.
The fund--administered by the Bank for Reconstruction, KfW, in Frankfurt--has grown to $16 billion. Now, the government intends to tap it, with $2.7 billion going to the federal budget, the AT reports. Would that amount to a treaty violation? AT notes a violation of the spirit of the mastermind behind the program, George C. Marshall. Marshall Fund
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