European integration for greater transparency and trust among themselves. This transfer of national powers to a "Community" to be exercised by its Commission was paralleled under the 1957 Treaty of Rome establishing the European Atomic Energy Community (or Euratom) and the European Economic Community (EEC) in Brussels. In 1967, the Merger Treaty (or Brussels Treaty) combine the institutions of the ECSC and Euratom into that of the EEC. They already shared a Parliamentary Assembly and Courts. Collectively they were known as the European Communities. In 1987, the Single European Act (SEA) was the first major revision of the Treaty of Rome that
Yugoslavia and the European Economic Community EEC has been opened. In 1977 the EEC granted access to the European Investment Bank to Yugoslavia. By 1980 European Investment Bank granted two loans in total value of 50 million of ECUs to link the Yugoslav high-voltage electricity distribution network to the Greek and Italian grids and for the construction of part of the trans-Yugoslav road. In 1978, the European Community and the Yugoslavia began negotiations on a Cooperation Agreement, which was signed in April 1980 and entered into force in April 1983. Cooperation Agreement contained provisions concerning trade, financial aid and cooperation in the areas of industry, science