Question

Answer in detail

Narrate the history of transformation of Council of Europe into an European Union.

Answer 1

1. The historical decision taken in the post II World War era was the integration of the States of western Europe.
2. In May 1949, ten countries met in London and signed to form a council of Europe, with headquarters at Strasbourg.
3. It consisted of a committee with the foreign ministers of the member countries and a Consultative Assembly drawn from the parliaments of foreign countries.
4. Initially, the European Defence Community (EDC) and the European Coal and Steel Community was established with six countries France, West. Germany, Italy, Belgium, Holland, and Luxembourg.
5. As per the Treaty of Rome signed by the six countries, the European Economic Community with headquarters at Brussels was established (EEC).
6. The EEC eliminated all types of barriers and made it a European common market.
7. A Common Agricultural policy and A common Trade policy was also evolved.
8. Throughout 1970's and 1980's the EEC kept on expanding.
9. The Single European Act (SEA) came into force on July 1, 1987.
10. According to the SEA, each member country was given multiple votes, depending on the country’s population.
11. The new procedure also increased the role of the European parliament.
12. On February 7 1992, The Maastricht Treaty created the European Union.
13. In the same year, A common currency Euro was introduced.
14. Common monetary policy with common monetary institutions were also planned and implemented.
15. At present, the European Union has 28 member states.
16. EU established its headquarters in Brussels, Belgium.
17. In. 1973, Britain became its member and voted to exit in 2017.