Depending on which funds you are referring to, this may or may not be accurate. If you're talking about investment from the European Investment Bank (EIB), then

Depending on which funds you are referring to, this may or may not be accurate. If you're talking about investment from the European Investment Bank (EIB), then yes, those funds were meant to bolster the economies of all European countries. However, in order to receive funds for a project, the country sponsoring the project has to put up some percentage of the budget. Last I heard it was 50%. That's not really feasible for insolvent countries to do. If you're talking about the bailout, then no, it was never meant to be a Marshall Plan sort of deal. More or less, it was meant to give money to an insolvent country so it could save its insolvent banks and pay off their creditors. The vast majority of the bailout money did not stay in the country and put to productive use, but instead left the country to pay off its debt.