History of the European Union Europe Declaration (1951). This principle was at the heart of the European Coal and Steel Community (ECSC) (1951), the Treaty of Paris (1951), and later the Treaty of Rome (1958) which established the European Economic Community (EEC) and the European Atomic Energy Community (EAEC). Both the ECSC and EEC were later incorporated into the European Union while the EAEC maintains a distinct legal identity despite sharing members and institutions. The Maastricht Treaty (1992) created the European Union with its pillars system, including foreign and home affairs alongside the European Community. This in turn led to the creation of the single
Economic history of Spain also lobbied successfully for Spain to join the European Economic Community (EEC) and to remain part of the North Atlantic Treaty Organization. The European Union at the time Spain joined, in 1986, existed primarily as a trading union - the EEC, and better trade links were vital to the fragile Spanish economy. Unemployment was high, about 18 percent, and the Spanish GDP was 71 percent of the EU average. The single market and European funding offered a chance to bring the Spanish economy up to the standards of the rest of Western Europe, along with the support of Spain's wealthier