70 Years of the Marshall Plan

The anniversary exhibition was presented at the Ministry of Economics in Vienna

On 5 June 1947 George Marshall made a speech in Harvard that changed the world: with it, the American Secretary of State and adviser to President Truman laid the foundations of the European Recovery Program (ERP) – the so-called Marshall Plan. Austria’s economy continues to benefit from these funds to this day, which are used to promote innovative projects by Austrian companies and start-ups under a scheme for ERP loans granted by the Austria Wirtschaftsservice GmbH (aws).