MARKET 1 Lecture Notes - Lecture 15: Single European Act, Merger Treaty, European Atomic Energy Community
Document Summary
Cyprus, czech republic, estonia, hungary, latvia, lithuania, malta, poland, slovakia, slovenia. Merger treaty 1965/67: merged the high authority of the european coal and steel community (ecsc), the commission of euratom, and the european economic community"s (eec) Treaty amending certain budgetary provisions (1970) & the treaty amending certain. Financial provisions (1975: meant to determine budgetary procedure and power between the institutions, more power to the ep. Act concerning the election of the representatives of the assembly (1976/78: determining meps would be elected by direct universal suffrage, adding notion of citizen participation to the eu. Establishment of a single european market (sem) Solute barriers to movement of capital, services and labour. Treaty status for competition of single market by 1992. Environment, economic and social cohesion, research and development added to eec. Insufficiency of the sea for further european integration. Belief that sem can only be achieved with economic and monetary union (emu)