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
Treaty establishing the European Defence Community 1952, with French support. The new EDC treaty was signed on 27 May 1952. Although with some doubts and hesitation, the United States and the six members of the European Community approved the Pleven Plan. This led the way to the Paris Conference, launched in February 1951, where it was negotiated the structure of the supranational army. Among compromises and differences, on 27 May 1952 the six foreign ministers signed the Treaty of Paris establishing the European Defence Community (EDC). Despite the central role for France, the EDC plan collapsed when it failed to obtain ratification in the French Parliament.