European Economic Community European Economic Community The European Economic Community (EEC) was a regional organisation which aimed to bring about economic integration among its member states. It was created by the Treaty of Rome of 1957. Upon the formation of the European Union (EU) in 1993, the EEC was incorporated and renamed as the European Community (EC). In 2009 the EC's institutions were absorbed into the EU's wider framework and the community ceased to exist. The Community's initial aim was to bring about economic integration, including a common market and customs union, among its six founding members: Belgium, France, Italy, Luxembourg, the Netherlands
Institutional seats of the European Union the ECSC (or be generously compensated); France supported Strasbourg, and Italy continued to promote Milan. However, it was decided that the Common Assembly, which became the Parliament, should instead be based in Strasbourg—the Council of Europe (CoE) was already based there, in the House of Europe. The chamber of the CoE's Parliamentary Assembly could also serve the Common Assembly, and they did so until 1999, when a new complex of buildings was built across the river from the Palace. The creation in 1957 of the European Economic Community (EEC) and the European Atomic Energy Community (EAEC or Euratom) created new