Showing papers on "European union published in 1975"

Europe After the Referendum

Abstract: O N June 5, 1975 the British electorate, voting in its first nationwide referendum, ended for the moment speculation on the geographical boundaries of the European Communities. Nine countries are to remain locked in the European integration system with the prospect of any further enlargement well in the future. Just three weeks afterwards, in pursuance of decisions made at the summit conferences in Paris in October 1972 and December 1974, the Commission produced a 'Report on European Union '2 as a contribution towards discussion of the future direction of the Community of Nine. At the Paris conference of October 1972 the member governments ' set themnselves the major objective of transforming, before the end of the present decade and with the fullest respect for the Treaties already signed, the whole complex of the relations of Member States into a European Union' I and requested the institutions of the Community to prepare a report for consideration at a summit conference to be held in 1975. At the Copenhagen Conference a year later it was resolved to speed up the process of defining the European Union, although it could 'now be seen that in this preliminary stage of work on the European Union each institution is going ahead with preparing separate interim reports '. Finally, at the second Paris Conference the heads of government declared ' that the time has now come for the Nine to agree as soon as possible on an overall concept of European Union.' The Commission, Assembly and Court of Justice were asked to bring their reports forward to June 1975 whilst the Belgian Prime Minister, Leo Tindemans, would prepare a comprehensive document based on these reports and other consultations.

The European Investment Bank's Promotion of Industry in the Associated African and Malagasy States

Abstract: An insistent demand from developing countries for capital to finance their economic growth has characterized the second half of this century. The transfer of resources from industrialized countries has, however, encountered difficulties, on the one hand, because of growing economic nationalism which has limited the scope for direct investment and, on the other hand, because of the emergence of excessive debt service burdens in developing countries. As a result, a variety of ways of transferring resources, which would be acceptable to donor countries as well as to the recipients, have had to be explored. One of the means to which the European Economic Community has resorted is the extension of the functions of the European Investment Bank, working in conjunction with the Economic Development Fund, to provide financial assistance outside the territorial limits of the European Community under a series of agreements including successive agreements with the Associated African and Malagasy States.