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10 historic steps in eu development
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Transcript of 10 historic steps in eu development
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10 historic steps in EU development
Created by
Caracal team, Romania
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Treaty of Paris of 18 April 1951:• The European Coal and Steel Community is established
by the six founding members (Belgium, the Federal Republic of Germany, France, Italy, Luxembourg and the Netherlands)
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Treaty of Rome of 25 March 1957 European Economic Community (EEC) based on a wider common market covering a whole range of goods and services. Customs duties between the six countries were completely abolished on 1 July 1968 and common policies, notably on trade and agriculture, were also put in place during the 1960s.
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1 Jan 1973: First Major Expansion - Britain, Denmark and Ireland join the European Community.
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1981 - Greek Expansion - Greece becomes the 10th EU member.
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1986 - Iberian Expansion - Portugal and Spain join, adding the territory of Iberia to the EU.
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The worldwide economic recession in the early 1980s brought with it a wave of ‘euro-pessimism’. However, hope sprang anew in 1985 when the European Commission, under its President Jacques Delors, published a White Paper setting out a timetable for completing the European single market by 1 January 1993. This ambitious goal was enshrined in the Single European Act, which was signed in February 1986 and came into force on 1 July 1987.
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1995 - Second Major Expansion - Austria, Sweden and Finland join the European Union.
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EU was on course for its most spectacular achievement yet, creating a single currency. The euro was introduced for financial (non-cash) transactions in 1999, while notes and coins were issued three years later in the 12 countries of the euro area (also commonly referred to as the euro zone).
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2004 - Third Major Expansion - Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia are brought into the European Union; the largest single expansion of the EU to date.
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2007 - Beginning of Balkan Expansion - Bulgaria and Romania join the EU marking the final enlargement of the economic union to date.
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• References:• http://europa.eu/index_en.htm• http://europa.eu/abc/12lessons/lesson_2/index_en.htm• http://marsden4.hubpages.com/hub/Future-EU-Candidates