European Atomic Energy Community into force. To save on resources, these separate executives created by the Rome Treaties were merged in 1965 by the Merger Treaty. The institutions of the EEC would take over responsibilities for the running of the EEC and Euratom, with all three then becoming known as the European Communities even if each legally existed separately. In 1993, the Maastricht Treaty created the European Union, which absorbed the Communities into the European Community pillar, yet Euratom still maintained a distinct legal personality. The European Constitution was intended to consolidate all previous treaties and increase democratic accountability in them. The Euratom treaty
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