History of the European Coal and Steel Community (1945–57) as it would with the Court of Justice. However they would not share the ECSC's Council of High Authority. The two new High Authorities would be called Commissions, this was due to a reduction in their powers. France was reluctant to agree to more supranational powers and hence the new Commissions would only have basic powers and important decisions would have to be approved by the Council, which now adopted majority voting. Thus, on 25 March 1957, the Treaties of Rome were signed. They came into force on 1958-01-01 establishing the European Economic Community (EEC) and the European Atomic Energy
European Economic Community it ensured that taxpayer funds from the Community budget have been correctly spent. The court provided an audit report for each financial year to the Council and Parliament and gives opinions and proposals on financial legislation and anti-fraud actions. It is the only institution not mentioned in the original treaties, having been set up in 1975. At the time of its abolition, the European Community pillar covered the following areas; 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