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Greece (Financial Assistance)

Volume 436: debated on Wednesday 30 April 1947

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21.

asked the Secretary of State for Foreign Affairs whether on the cessation of British financial aid to Greece, His Majesty's Government advised the Greek Government to make any application for further financial assistance to the International Bank for Reconstruction and Development.

His Majesty's Government have certainly encouraged the Greek Government to consider applying to the International Bank for a loan in connection with their reconstruction programme. I understand that the Greek Government have in fact already informed the Bank of their intention to submit a formal loan application when their plans for reconstruction projects have been completed.