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The European Economic Community (EEC) was a regional organisation created by the Treaty of Rome of 1957, [note 1] aiming to foster economic integration among its member states. It was subsequently renamed the European Community ( EC ) upon becoming integrated into the first pillar of the newly formed European Union (EU) in 1993.
The European Communities (EC) were three international organizations that were governed by the same set of institutions.These were the European Coal and Steel Community (ECSC), the European Atomic Energy Community (EAEC or Euratom), and the European Economic Community (EEC), the last of which was renamed the European Community (EC) in 1993 by the Maastricht Treaty establishing the European Union.
The European Economic Area (EEA) was established via the Agreement on the European Economic Area, [4] an international agreement which enables the extension of the European Union's single market to member states of the European Free Trade Association (EFTA). [5]
The commission was first proposed in London in the summer of 1946 by the Temporary Subcommission on the Reconstruction of Devastated Areas. [2]The commission was established by the Economic and Social Council on 28 March 1947 in order to "Initiate and participate in measures for facilitating concerted action for the economic reconstruction of Europe," as well as to "maintain and strengthen the ...
The United Kingdom (along with the British Overseas Territory of Gibraltar) was a member state of the European Union (EU) and of its predecessor the European Communities (EC) – principally the European Economic Community (EEC) – from 1 January 1973 until 31 January 2020.
Over the course of the early 1970s, the European Investment Bank loaned millions of units of account – a pre-Euro European system of monetary exchange without preference to a single currency – to Portugal, with the objective of "giving its fullest support to Portugal's efforts to strengthen democracy and promote social and economic progress ...
The Messina Conference of 1955 was a meeting of the six member states of the European Coal and Steel Community (ECSC). The conference assessed the progress of the ECSC and, deciding that it was working well, proposed further European integration. This initiative led to the creation in 1957 of the European Economic Community and Euratom.
The European Economic Area (EEA) came into being on 1 January 1994 following an agreement between the European Free Trade Association (EFTA) and the European Union (EU). It was designed to enable EFTA countries to participate in the European Single Market without having to join the EU.