European Economic Community - Essay Example

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European Economic Community

Three treaty organizations were considered for the creation of the European Communities known under EC since 1992. The European Economic Community, being the processor of the EC, was a treaty between Belgium, France, Luxemburg, the Netherlands and West Germany. It aimed for the economic inclination of the participating counties which would eventually lead to common political goals and institutions. Today the organization numbers 25 members which all fall under the European Union organization. These are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, Kingdom of Great Britain and Northern Ireland1.
The aim of this paper is to investigate to what extend the European Union has penetrated the economy of each party and to what extend it represents a new legal order meaning the effect the of the common regulations and policies followed on the participant countries. What's more, the prevalence of Community Laws over local Laws is examines and for this matter the Dutch transport firm Van Gend & Loos case is discussed as an example case.
All former are sustained through comparison within the EC member countries and comparison to development rates universally. ...
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Summary

Initially known under the name European Economic Community, established by the Treaty of Rome in 1957, the European Community was established in 1967 and is today known under the name EC by the Maastricht Treaty in 1992, which aimed to the creation of the European Union under three separate pillars…
Author : waelchirubye

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