MARKET 1 Lecture Notes - Lecture 24: European Central Bank, Treaty Of Rome, Common Foreign And Security Policy
Document Summary
The european economic community: treaty of rome; 1957, signed by 6 original member states, germany, france, netherlands, luxemburg, belgium. Italy: set up the common market (internal market, freedom of goods, persons, services and capital to move freely. Treaty of lisbon: amended two founding treaties, tfeu, teu. European coal and steel community treaty (1951; treaty of paris: schuman plan (1950) link french and german coal and steel industries under the control of a high authority (supranational level) European economic community: creation of a custom union. European union (maastricht treaty;1992: now 28 members, 3 pillars = 3 communities + cfsp + cjha shared community institutions, effects, renamed eec treaty to ec treaty. Introduction of the co-decision procedure: qmv extended, set out timetable for economic and monetary union (common currency introduced, new status of european citizenship created, attached protocols to teu. Treaty amendments: single european act 1986, complete the internal market, removing remaining barriers to trade.
