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Definition: European Economic Community from Collins English Dictionary

n

1 the former W European economic association created by the Treaty of Rome in 1957; in 1967 its executive and legislative bodies merged with those of the European Coal and Steel Community and the European Atomic Energy Community to form the European Community (now part of the European Union) Informal name: Common Market. Abbreviation: EEC

European Economic Community

From The Columbia Encyclopedia
(EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known informally as the Common Market. The EEC was the most significant of the three treaty organizations that were consolidated in 1967 to form the European Community (EC; known since the ratification [1993] of the Maastricht treaty as the European Union). The EEC had as its aim the eventual economic union of its member nations, ultimately leading to political union. It worked for the free movement of labor and capital, the abolition of trusts and cartels, and the development of joint and reciprocal policies on labor, social welfare, agriculture, transport, and foreign trade. In 1958, Britain proposed that the Common Market be expanded into a transatlantic free-trade area. After the proposal was vetoed by France, Britain engineered the formation (1960) of the European Free Trade Association (EFTA) and was joined by other…
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Full text Article European Community

From Routledge Dictionary of Economics
The name given to the European communities since 1967. The original six member states (France, West Germany, Italy, Belgium, the Netherlands and Luxembourg) were joined, in 1973, by the UK, Ireland and Denmark, followed by Greece in 1982, and Spain and Portugal in 1986. The signatory countries of…
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Full text Article European Community (EC)

From Britannica Concise Encyclopedia
Organization formed in 1967 with the merger of the European Economic Community , European Coal and Steel Community , and European Atomic Energy Community . The merger created a single Commission of the European Community and a single Council of Ministers. Other executive, legislative, and judicial…
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Full text Article EC (European Community)

From Chambers Dictionary of World History
A community of states in Western Europe created for the purpose of achieving economic and political integration. It comprised three communities, which merged to form the European Community in 1967. The first of these was the European Steel and Coal Community, established in 1952 under the Treaty of…
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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. The success of the ECSC led…
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Full text Article European Community (EC)

From Palgrave Macmillan Dictionary of Political Thought
Strictly speaking, the European Communities: the institutions that were subsequently to be incorporated into the European Union , and which were created at least partly with that intention. The EC comprised three institutions – the European Coal and Steel Community (established 1951), the European…
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1989 By: The European Community. As part of its meetings dealing with the formation of the European Community, European leaders issued the Madrid Declaration on June 27, 1989. The declaration reiterated the June 13, 1980, Venice Declaration. The European Council has examined the situation in the…
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Full text Article European Economic Community (EEC)

From Britannica Concise Encyclopedia
Association of European countries designed to promote European economic unity. It was established by the Treaty of Rome in 1957 to develop the economies of the member states into a single common market and to build a political union of the states of western Europe. The EEC also sought to establish a…
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(EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known informally as the Common Market. The EEC was the most significant of the three treaty organizations that were consolidated in 1967 to…
| 306 words
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Title of a Council of Europe directive, October 1989, the first attempt by the European Community (EC) to regulate and institutionalize broadcasting between member states; revised in 1997, 2005 and 2007. What became the Audio-Visual Media Services Directive was presented with the task of reassessing…
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Also known as: Common Market The European Economic Community (EEC), also known as the Common Market, was established by the Treaty of Rome among France, Italy, West Germany, Belgium, Luxembourg, and the Netherlands. It was the core of what would become the European Community in 1967 and the European…
| 859 words
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