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Tag: Structural-Changes

A constellation of six stars represents the founding members of the European Community - Belgium, Germany, France, Italy, Luxembourg, and the Netherlands.

A Historical Overview of the European Community (EC): Unifying Europe’s Economies and Politics

September 4, 2024 FinanceFacts101 Business Finance

Origins and Founding Members of the EC in 1957 The European Community (EC), established in 1957, was a pivotal step towards European unity following the devastation of World War II. Its primary purpose was to promote economic cooperation among its founding members: Belgium, Germany, France, Italy, Luxembourg, and the Netherlands.

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