European Economic Community


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European Economic Community

Informally the Common Market
Abbr. EEC
An economic organization established in 1957 to reduce tariff barriers and promote trade among the countries of Belgium, Luxembourg, the Netherlands, France, Italy, and West Germany. These countries became the original members of the European Community.

European Economic Community

n
(Government, Politics & Diplomacy) 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

Europe′an Econom′ic Commu`nity


n.
an association for economic cooperation established in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany; later joined by the United Kingdom, the Republic of Ireland, Denmark, Greece, Spain, and Portugal; superseded by the European Union in 1993. Also called Common Market. Abbr.: EEC
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.European Economic Community - an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its membersEuropean Economic Community - an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members; "he tried to take Britain into the Europen Union"
Danmark, Denmark, Kingdom of Denmark - a constitutional monarchy in northern Europe; consists of the mainland of Jutland and many islands between the North Sea and the Baltic Sea
Kingdom of Sweden, Sverige, Sweden - a Scandinavian kingdom in the eastern part of the Scandinavian Peninsula
Deutschland, FRG, Germany, Federal Republic of Germany - a republic in central Europe; split into East Germany and West Germany after World War II and reunited in 1990
Finland, Republic of Finland, Suomi - republic in northern Europe; achieved independence from Russia in 1917
Ellas, Greece, Hellenic Republic - a republic in southeastern Europe on the southern part of the Balkan peninsula; known for grapes and olives and olive oil
Italia, Italian Republic, Italy - a republic in southern Europe on the Italian Peninsula; was the core of the Roman Republic and the Roman Empire between the 4th century BC and the 5th century AD
Austria, Oesterreich, Republic of Austria - a mountainous republic in central Europe; under the Habsburgs (1278-1918) Austria maintained control of the Holy Roman Empire and was a leader in European politics until the 19th century
Belgique, Belgium, Kingdom of Belgium - a monarchy in northwestern Europe; headquarters for the European Union and for the North Atlantic Treaty Organization
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
Eire, Ireland, Irish Republic, Republic of Ireland - a republic consisting of 26 of 32 counties comprising the island of Ireland; achieved independence from the United Kingdom in 1921
France, French Republic - a republic in western Europe; the largest country wholly in Europe
Holland, Kingdom of The Netherlands, Nederland, Netherlands, The Netherlands - a constitutional monarchy in western Europe on the North Sea; half the country lies below sea level
Grand Duchy of Luxembourg, Luxembourg, Luxemburg - a grand duchy (a constitutional monarchy) landlocked in northwestern Europe between France and Belgium and Germany; an international financial center
Portugal, Portuguese Republic - a republic in southwestern Europe on the Iberian Peninsula; Portuguese explorers and colonists in the 15th and 16th centuries created a vast overseas empire (including Brazil)
Espana, Kingdom of Spain, Spain - a parliamentary monarchy in southwestern Europe on the Iberian Peninsula; a former colonial power
Translations
Communauté économique européenne

European Economic Community

nComunità Economica Europea
References in periodicals archive ?
403/1999 for the approval of accounting regulations harmonized with Directive IV of the European Economic Community and the International Accounting Standards, published in the "Official Gazette" of Romania, Part I, no.
Our future trading is global, patterns of exports and imports have changed and no doubt will continue to change and the logic of our entrance to the European Economic Community would be the formation of an international economic community.
An Irish professor in European history gives the early history of the first enlargement of the then European Economic Community (EEC).
Turkey, associate member of the European Economic Community since 1959, applied for full membership to the EEC in 1987 and was recognized as an EU candidate in 1999, undergoing many reforms along the way.
Releasing a message on the occasion of the 52nd anniversary of Turkey's membership application to the European Economic Community (EEC), Turkish EU Minister & Chief Negotiator Egemen Bagis said Turkey's EU story had commenced in 1959 with its application to the EEC.
He supports this argument by focusing on the establishment in the 1950s of the European Coal and Steel Community, the European Economic Community, and the European Defense Community, explaining both integration and resistance to integration as products of balance of power thinking.
In his keynote speech at a conference on AoWater Security in the Middle EastAo, in Montreaux, Switzerland, the Prince stressed the need for a regional Community of Water and Energy for the Human Environment, a supra-national concept, such as the coal and steel community out of which the European Economic Community grew
British workers had holiday pay and equal pay before Britain's membership of the then European Economic Community in 1973.
The ECSC was gradually broadened and deepened with additional treaties and agreements, becoming the European Economic Community (EEC or Common Market), which later morphed again into the EC, or European Community, before transforming into the European Union.
Even before the Bretton Woods system of fixed exchange rates gave way to the era of floating currencies in 1973, the BIS had become an important platform for ever-closer cooperation and integration of monetary policy at the European Economic Community level.
It is part of an Irish reiraissance that began with the export of traditional music in the '70s and the joining with the European Economic Community in 1973.
There were few non-governmental organizations, no reasonable prospects for membership in the European Economic Community, and many in Turkey feared that their nation would become "irrelevant" following the fall of the Berlin Wall.

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