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 absorbed into the newly consolidated European Union which merged in the other two pillars (however Euratom remained distinct). This was originally proposed under the European Constitution but that treaty failed ratification in 2005. The main aim of the EEC, as stated in its preamble, was to "preserve peace and liberty and to lay the foundations of an ever closer union among the peoples of Europe". Calling for balanced economic growth, this was to be accomplished through: For the customs union, the treaty provided for a 10% reduction in custom duties and up to 20% of global import quotas. Progress on