EEC
Pre-EU trading bloc
EEC is the European Economic Community, a trade bloc formed in 1957 by six Western European nations.
It established a common market with free movement of goods, workers, and capital among member states.
The EEC expanded over decades and eventually evolved into the European Union in 1993.
Historical references to the EEC typically concern European integration before that transition.
Western European trading bloc
- Treaty of RomeEU's founding agreement
- 1957Mid-century cold war year
- Charles de GaulleFrench general and president
- Cold WarProlonged East-West standoff
Western European republic
- West GermanyPostwar democratic German state
- ItalyBoot-shaped European nation
- BelgiumWestern European constitutional monarchy
- NetherlandsNorthwestern European constitutional monarchy
Luxembourg · enlargement · accession · Britain · Denmark · Ireland · Greece · Spain
Belgian capital
- StrasbourgAlsatian regional capital
- LuxembourgEuropean grand duchy
- commissionersOfficials heading regulatory bodies
- directivesFormal commands or instructions
regulations · veto · bureaucracy · Eurocrats · acquis communautaire
Western European trading bloc
- tariffsTaxes on imports
- quotasMandated numerical limits
- importObtain from overseas
- exportForeign-bound sale
trade barriers · free movement · single market · trade agreements · harmonization · goods · services · trade surplus
Shared currency arrangement
- fiscal policyState spending and taxation
- GDP growthOutput increase percentage
- state aidGovernment-provided financial support
- economic integrationMerging separate national markets
Common Market
Western European trading bloc
- Treaty of RomeEU's founding agreement
- 1957Mid-century cold war year
- Charles de GaulleFrench general and president
Cold War · supranationalism · founding fathers · enlargement · 1973
France
Western European republic
- West GermanyPostwar democratic German state
- ItalyBoot-shaped European nation
- BelgiumWestern European constitutional monarchy
Netherlands · Luxembourg · enlargement · accession · Britain · Denmark · Ireland · Greece · Spain · Portugal
Brussels
Belgian capital
- StrasbourgAlsatian regional capital
- LuxembourgEuropean grand duchy
- commissionersOfficials heading regulatory bodies
directives · regulations · veto · bureaucracy · Eurocrats · acquis communautaire
Common Market
Western European trading bloc
export · trade barriers · free movement · single market · trade agreements · harmonization · goods · services · trade surplus · trade deficit
monetary union
Shared currency arrangement
- fiscal policyState spending and taxation
- GDP growthOutput increase percentage
- state aidGovernment-provided financial support
EECautarky
Complete economic independence
Brexit · isolationism · protectionism · economic nationalism · Euroscepticism