The Rise and Fall of Communism: From Post-War Recovery to Economic Stagnation
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The Foundational Treaties
The idea was to encourage progressive economic integration that would eventually lead to a political union. The first treaties, known as the foundational treaties, were:
The Treaty of Paris (1951)
- Established the European Coal and Steel Community (ECSC).
- Originally formed by: France, Luxembourg, West Germany, Italy, Belgium, and the Netherlands.
The Treaty of Rome
- Signed by the same six countries as the Treaty of Paris.
- Established the EEC (European Economic Community).
- Formed a common market of goods, labor, services, and capital, and a common agricultural policy.
The Treaty of Euratom (European Atomic Energy Community)
- Established a common market for nuclear energy.
The ECSC, EEC, and Euratom created their own institutions... Continue reading "The Rise and Fall of Communism: From Post-War Recovery to Economic Stagnation" »