History of the Netherlands The post-war years saw rapid economic recovery (helped by the American Marshall Plan), followed by the introduction of a welfare state during an era of peace and prosperity. The Netherlands formed a new economic alliance with Belgium and Luxembourg, the Benelux, and all three became founding members of the European Union and NATO. In recent decades, the Dutch economy has been closely linked to that of Germany, and is highly prosperous. The four countries adopted the Euro on 1 January 2002, along with eight other EU member states. The prehistory of the area that is now the Netherlands was largely
Burgundian Netherlands Burgundian Netherlands In the history of the Low Countries, the Burgundian Netherlands (, , , ) were a number of Imperial and French fiefs ruled in personal union by the House of Valois-Burgundy in the period from 1384 to 1482 and later their Habsburg heirs. The area comprised large parts of present-day Belgium and the Netherlands, as well as Luxembourg and parts of northern France. A fair share (but not most) of these territories were inherited by the Burgundian dukes, a younger branch of the French royal House of Valois in 1384, upon the death of Count Louis II of