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
Low Countries the Austrian Netherlands. The United Kingdom of the Netherlands (1815–1830) temporarily united the Low Countries again, before this split into the three modern countries of the Netherlands, Belgium and Luxembourg. During the early months of World War I (around 1914), The Central Powers invaded the Low Countries of Luxembourg and Belgium in what has been come to be known as the German invasion of Belgium. It led to the German occupation of the two countries. However, the German advance into France was quickly halted, causing a military stalemate for most of the war. In the end, a total of approximately