Immediately after the end of World War II, the whole world was faced with the need to rebuild its destroyed infrastructure and economy. The situation was especially difficult in European countries, where hostilities continued for several years. Thus, in Great Britain, France, Italy and Germany, up to 20% of the housing stock was destroyed, industrial enterprises and transport infrastructure were seriously damaged. To overcome the consequences of the war, the governments of Western European countries launched the Marshall Plan, of unprecedented scale, which involved the allocation of significant financial resources for economic recovery. With the support of the United States, more than $ 13 billion was sent to Western Europe between 1948 and 1952. These funds were used to modernize industry, agriculture and develop infrastructure. At the same time, the process of European integration was actively underway: the Council of Europe was established in 1949, and the European Economic Community was created in 1957. In turn, the countries of Eastern Europe, which had fallen under the influence of the Soviet Union, restored their economies within the framework of the socialist development model. Here, the activities of the Council for Mutual Economic Assistance (CMEA), founded in 1949, played a key role. The CMEA coordinated the economic policies of the socialist countries and promoted the development of mutual trade and cooperation. https://bordeaux-fr.org/
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