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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 1981 enlargement of the European Communities was the second enlargement of what is now the European Union, then the European Communities (EC). Greece acceded to the EEC on 1 January 1981. It is considered a part of the Mediterranean enlargement. The application for accession was made on 12 July 1975, one year after the restoration of ...
Spain and Portugal acceded to the European Communities, now the European Union, in 1986. This was the third enlargement of the Communities, following on from the 1973 and 1981 enlargements. Their accessions are considered to be a part of the broader Mediterranean enlargement of the European Union. [1] [2]
The treaty remains an integral part of the constitutional basis of the European Union. On the 31 January 2020 the United Kingdom left the European Union after 47 years of membership after a referendum was held in 2016 which saw 51.9% of voters wish to leave the bloc, and is now no longer legally bound by the treaty.
The European Free Trade Association (EFTA) is a European trade bloc which was established on 3 May 1960 as an alternative for European states who did not join the EEC. EFTA currently has four member states: Iceland, Norway, Switzerland, and Liechtenstein; just Norway and Switzerland are founding members.
The European Political Co-operation (EPC) was the common term for the co-ordination of foreign policy between member states of the European Communities (EC) from its inception in 1970 until the EPC was superseded by the new European Union's (EU) Common Foreign and Security Policy (CFSP) pillar upon the entry into force of the Maastricht Treaty in November 1993.
California already has one of the highest minimum wages in the country, trailing just the District of Columbia and Washington. The state’s minimum wage has doubled since 2010, most recently ...
The criteria for economic convergence for the monetary union of the European Union Treaty — in Maastricht on February 7, 1992, where the EEC became the European Community— was a determining factor in the transformation of the Spanish economy, making it one of the most competitive in Europe. This adjustment took place mainly in 1997 and 1998 ...