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What was COMECON and why was it formed?

COMECON, the Council for Mutual Economic Assistance, was an economic organization established in 1949 by the Soviet Union and its Eastern European allies. It aimed to promote cooperation and economic integration among its member countries, fostering socialist economic planning and trade relations. The primary goal was to counter the influence of the Marshall Plan in Western Europe and strengthen the economies of the socialist states.


What policiy was established by the soviet union in response to george marshall?

The Soviet Union made COMECON to encourage trade and production among the socialist countries (Made by Stalin in 1949). The sociailst countries with the leadership of and order from the Soviet Union refused the Marshall Plan.


When was Comecon - band - created?

Comecon - band - was created in 1989.


When did Comecon - band - end?

Comecon - band - ended in 1995.


Was the Marshall plan a loan?

The Marshall Plan was, indeed a loan. No, the Marshall plan was not a loan. It was aid. There were loans made but they were not part of the Marshall Plan itself.


Who did not accept the marshall plan?

who did not accept the marshall plan


When was the Marshall Plan in effect?

The Marshal Plan was instituted on July 12, 1947.


What was the name of the plan that was created to try and rebuild Europe after world war 2?

Marshall Plan


Who was the marshall plan named after?

George C. Marshall


Us secretary of state who devised a plan to offer massive economic aid to European countries and stop the spread of communism?

Marshall- JS


Why did western European economies grow faster than eastern European economies after World War II?

The Marshall Plan helped the West recover faster. under pressure from stalin, eastern europe countries refused aid from the united states


Who was the author of the Marshall Plan?

I have attached a link that explains the Marshall Plan well. See the link below.