Despite this, the European Economic Community and Euratom were established in 1958 by the Treaties of Rome. The Common Assembly was shared by all three communities (which had separate executives) and it renamed itself the European Parliamentary Assembly. The first meeting was held on 19 March 1958 having been set up in Luxembourg City, it elected Schuman as its president and on 13 May it rearranged itself to sit according to political ideology rather than nationality. This is seen as the birth of the modern European Parliament, with Parliament's 50 years celebrations being held in March 2008 rather than 2002.