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Greece (British Aid)

Volume 464: debated on Monday 2 May 1949

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asked the Secretary of State for Foreign Affairs what aid has been given to Greece since May, 1947, detailing loans, grants, goods given and sold, arms and military equipment given and sold.

Since May, 1947, His Majesty's Government have made no loans to Greece. Grants amounted to £2½ million, being drawing-rights granted under the Intra-European Payments Scheme of the Organisation for European Economic Co-operation. Exports from the United Kingdom to Greece between May, 1947, and February, 1949, were worth approximately £20 million. About half of these exports were arms and ammunition supplied by His Majesty's Government against payment. In addition His Majesty's Government made gifts to the Greek Government of surplus military stores to the value of about £½ million.