Jean Monnet in order to revive European construction following the failure of the European Defence Community (EDC). It brought political parties and European trade unions together to become a driving force behind the initiatives which laid the foundation for the European Union as it eventually emerged: first the European Economic Community (EEC) (1958) (known commonly as the "Common Market"), which was established by the Treaty of Rome of 1957; later the European Community (1967) with its corresponding bodies, the European Commission and the European Council of Ministers, British membership in the Community (1973), the European Council (1974), the European Monetary System (1979),
History of the European Communities (1958–72) History of the European Communities (1958–72) The history of the European Communities between 1958 and 1972 saw the early development of the European Communities. The European Coal and Steel Community (ECSC) had just been joined by the European Atomic Energy Community (Euratom) and the European Economic Community (EEC), the latter of which soon became the most important. In 1967 the EEC's institutions took over the other two with the EEC's Commission holding its first terms under Hallstein and Rey. In 1958 the Committee of Permanent Representatives (COREPER) was established. On 19 March the Parliamentary Assembly (replacing the Common Assembly) met