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Activity 3
Handout 2.2
1952 1995
European Coal and Steel Community (ECSC) established. Austria, Finland, and Sweden join the European Union.
1955 1997
Warsaw Pact signed. Treaty of Amsterdam signed.
1958 1998
European Economic Community (EEC) and European The membership process begins for the 10 Central and
Atomic Energy Community (EURATOM) established Eastern European applicant countries and Cyprus.
under Treaty of Rome.
European Central Bank inaugurated in Frankfurt, Germany.
1960
Stockholm Convention establishing European Free Trade 1999
Association (EFTA) signed. European Monetary Union (EMU) and euro launched in 11
EU countries. The UK, Denmark, and Sweden do not join.
1962
Common Agricultural Policy introduced. 2001
Greece becomes the 12th EU country to join EMU.
1967
ECSC, EEC, and EURATOM merge to form the European Treaty of Nice signed.
Community (EC).
2002
1968 The euro becomes legal tender and permanently replaces
Customs Union completed 18 months early. national currencies in EMU countries.
1973 2003
Denmark, Ireland, and United Kingdom join the European Treaty of Nice enters into force.
Community.
2004
1979 Ten new countries, Cyprus, the Czech Republic, Estonia,
European Monetary System (EMS) becomes operative. Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and
Slovenia, become members of the European Union. These
1981 ten new members comprise the biggest EU enlargement
Greece joins the EC. ever in terms of scope and diversity.
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