"In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step."

Economy, Europe, First, Years

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"In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step."

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Explore more quotes by Giovanni Agnelli

"The Communists at that moment were very strong in Italy, and the Italian Communist Party was the biggest Communist Party outside the Soviet Union."

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"Well, in 1947... in Europe and in Italy especially, we thought of America as all-powerful."

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"And the Marshall Plan, to us, meant a general who had turned into a secretary of state, and that the secretary of state saw the necessity of the reconstruction of these European countries that had suffered so heavily."

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"In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step."

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