What was eec

The focus of the ECSC shifted in the s toward reducing excess production in the steel industry in order to maintain competitiveness as Japan flooded the markets with cheap steel. Lastly, the European Atomic Energy Community also known as "Euratom" was created in to establish a common market among member nations for trade in nuclear materials and equipment.

Among Euratom's goals was to coordinate research and promote peaceful uses for atomic energy. The organization did not include military uses of nuclear materials as part of its oversight. Instead, it focused on trade issues and establishing health and safety regulations for atomic energy. On June 23, , the citizens of the United Kingdom voted to leave the European Union, a move dubbed Brexit in the press. European Central Bank. European Union. European Parliament.

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These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Article Sources. Investopedia requires writers to use primary sources to support their work. The Communities still had independent personalities although they were increasingly integrated. Future treaties granted the Community new powers beyond simple economic matters, edging closer to the goal of political integration and a peaceful, united Europe.

The s saw the first attempts at enlargement. The four countries resubmitted their applications on May 11, , and with Georges Pompidou succeeding Charles de Gaulle as French president in , the veto was lifted. Nevertheless, two years later the accession treaties were signed and Denmark, Ireland, and the UK joined the Community effective January 1, The Norwegian people finally rejected membership in a referendum on September 25, Expansion of the European Communities, Countries colored green represent founding members of the EEC, and blue countries represent members added later.

The Treaties of Rome stated that the European Parliament must be directly elected; however, this required the Council to agree on a common voting system first.

The Council procrastinated on the issue and the Parliament remained appointed. Charles de Gaulle was particularly active in blocking the development of the Parliament, with it only being granted budgetary powers following his resignation.

Parliament pressured for agreement and on September 20, , the Council agreed part of the necessary instruments for election, deferring details on electoral systems that remain varied to this day. The new Parliament, galvanized by a direct election and new powers, started working full-time and became more active than previous assemblies. Greece applied to join the Community on June 12, , following the restoration of its democracy.

Greece joined the Community effective January 1, Similarly, and after their own democratic restorations, Spain and Portugal applied to the communities in and joined together on January 1, In , Turkey formally applied to join the Community and began the longest application process for any country.

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