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European Economic Community

(Encyclopedia)European Economic Community (EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known infor...

European Investment Bank

(Encyclopedia)European Investment Bank, nonprofit bank created in 1958 by the six founding countries of the European Economic Community (now part of the European Union [EU]). The bank makes or guarantees loans to E...

European Monetary Agreement

(Encyclopedia)European Monetary Agreement (EMA), international governmental facility (1958–72) for the settlement of balance of payments accounts between member states. The EMA, which was administered by the Orga...

European Monetary System

(Encyclopedia)European Monetary System, arrangement by which most nations of the European Union (EU) linked their currencies to prevent large fluctuations relative to one another. It was organized in 1979 to stabil...

European Southern Observatory

(Encyclopedia)European Southern Observatory (ESO), an intergovernmental organization for astronomical research with headquarters in Garching, near Munich, Germany. The ESO began in 1962 as a consortium among Belgiu...

European Space Agency

(Encyclopedia)European Space Agency (ESA), multinational agency dedicated to the promotion, for exclusively peaceful purposes, of cooperation among European states in space research and technology. Member states in...

Central European Initiative

(Encyclopedia)Central European Initiative, organization founded in 1991 to promote economic and political cooperation in the region between the Adriatic and Baltic seas. Members include Austria, Bosnia and Herzegov...

Western European Union

(Encyclopedia)Western European Union (WEU), European security and defense organization. It was set up in Brussels in 1955 as a defensive, economic, social, and cultural organization, consisting of Belgium, France, ...

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