Glossary of European Union concepts, acronyms, & jargon conference entrusted Paul-Henri Spaak with the creation of a report that eventually led to the creation of 1957 Treaty of Rome. Oversees Countries and Territories (OCT), beneficiaries of the European Development Fund (EDF). An EU Directive, administered by the European Commission (Directorate General Internal Market) to regulate payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA). The Treaty of Rome established the European Communities (EC), comprising the European Economic Community (EEC), the European Atomic Energy Community (EAEC) and the European Coal and Steel Community (ECSC), and was signed in Rome on 25 March
History of the European Coal and Steel Community (1945–57) Community (Euratom). The latter body fostered co-operation in the nuclear field, at the time a very popular area, and the EEC was to create a full customs union between members. Louis Armand became the first President of Euratom Commission and Walter Hallstein became the first President of the EEC Commission. History of the European Coal and Steel Community (1945–57) The period saw the first moves towards European unity as the first bodies began to be established in the aftermath of the Second World War. In 1951 the first community, the European Coal and Steel Community was established and moves on