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Prior to the Marshall Plan, the USA had given an equivalent amount to Germany. The total of the Marshall Plan was $26 billion or more than 15% of US GDP at the time.

In an American context, this is equivalent to $225 billion today.

In a German context relative to GDP, this would be $50 billion.

The total amount Greece has received from Germany so far is $15 billion, but it will all be paid back, and it is being paid back at 5.25% over the last 18 months. Germany actually received the Marshall Plan money. The Greek money however has mainly gone to the creditors.

by Upstate NY on Tue Feb 14th, 2012 at 06:43:21 PM EST
[ Parent ]
Hmm

Wikpedia seems to differ (it gives the total amount as 12.731 bn), but in any case, as mentioned before, the actual subsidy to Germany was about 400m US$, plus another 1bn in repaid loans. The vast majority of Marshal Plan funds went to US allies; and the British received another 40bn on top outside of it.

But this exists in a context of allied powers extracting/looting several 10bns of values from Germany during the same period; and further damage through malicious and/or stupid occupation rules and actions. (like, intentionally starving the population, forbidding food imports etc).  Just read the Wikipedia article.

by cris0 on Tue Feb 14th, 2012 at 07:29:33 PM EST
[ Parent ]
I should have written the total aid. In the year prior to the Marshall plan they gave $13 billion and then another 12.7 in the Marshall Plan. Germany was one of the biggest beneficiaries, but unlike countries in the Eastern Bloc and Greece where all the money was spent on the military in fighting still running wars, 60% of the 3 billion given to Germany was used giving loans to industry to rebuild Germany's industrial capacity.
by Upstate NY on Tue Feb 14th, 2012 at 10:23:10 PM EST
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