European Community (EC) Historical organization of Western European countries dedicated to closer economic and political cooperation in Europe. In 1952, the European Coal and Steel Community (ECSC) was established to integrate the coal and steel industries primarily of France and West Germany to create a more unified Europe. The success of the ECSC led to the Treaties of Rome (1957) that established the European Economic Community (EEC), or Common Market, and the European Atomic Energy Commission (Euratom). The aim was to create a common economic approach to agriculture, employment, trade and social development, and to give Western Europe more influence in world affairs. Original members included France, West Germany, Italy, Belgium, Netherlands, and Luxembourg. In 1962, the Common Agricultural Policy (CAP) came into effect. In 1967, the EEC, ECSC, and EURATOM merged to form the European Community (EC). The United Kingdom, Ireland, and Denmark joined in 1973; Greece in 1981; Spain and Portugal in 1986; and Austria, Finland and Sweden in 1995. In 1993, the European Union (EU) superseded the EC.
Eu·ro·pe·an Com·mu·ni·ty (abbr.: EC) an economic and political association of certain European countries, incorporated since 1993 in the European Union.
More From encyclopedia.com
European toad , Bufo bufo (common toad, European toad) See BUFONIDAE. European toad (Bufo bufo) See BUFONIDAE. Jacques Delors , Jacques Delors The French president of the European Commission, Jacques Delors (born 1925) was former minister for the economy and finance of France.… Treaty On European U Nion 1992 , Maastricht, Treaty of THE REFOUNDATION OF EUROPEAN INTEGRATION THE THREE PILLARS OF THE EUROPEAN UNION A PERMANENT PROCESS OF TREATY CHANGE BIBLIOGRA… European Economic Area , European Economic Area (EEA) Economic union agreed (1992) between the 12 members of the European Community (EC) and six of the seven members (Switzer… Euro , Euro FUNCTIONING RULES THE ECONOMIC RATIONALE A BRIEF HISTORY OF THE ROAD TO THE EURO THE LAST STEPS: FROM THE ECU TO THE EURO BIBLIOGRAPHY The euro… European Free Trade Association , BIBLIOGRAPHY After World War II the introduction of free trade was discussed on and off in Western Europe. It could take the form of either a customs…
About this article
All Sources -
Updated Aug 08 2016 About encyclopedia.com content Print Topic
You Might Also Like