Soviets reject Marshall Plan European recovery 70 years ago #OnThisDay #OTD (Jul 2 1947)


Video: '45 85 Part 2' (July 2, 1947, at 6:33)

(Wednesday, July 2, 1947; during the Cold War) — Soviet Foreign Minister Vyacheslav Molotov walked out of a conference with representatives of the British and French governments today in Paris, signaling the Soviet Union’s rejection of the Marshall Plan (officially known as the European Recovery Program, ERP), an American initiative to help rebuild Western European economies after the end of World War II.