Treaty of Rome Totally Explained

Everything about Treaty Of Rome 1957 totally explained

The Treaty of Rome, signed by France, West Germany, Italy and Benelux (Belgium, the Netherlands and Luxembourg) on March 25 1957, established the European Economic Community (EEC), an independent supranational economic organization, and came into force on 1 January 1958.

Renamings

The treaty's original full name was the Treaty establishing the European Economic Community, later renamed by the Treaty of Maastricht to Treaty establishing the European Community (TEC). On the European summit of June 22 and 23, 2007, it was agreed that both the Treaty on European Union and the Treaty establishing the European Community will be amended by a new Treaty of Lisbon to have most provisions of the European Constitution included. The Treaty establishing the European Community will be renamed once again in this process, this time to Treaty on the Functioning of the European Union (TFEU).

The treaties of Rome

Another treaty was signed the same day establishing the European Atomic Energy Community (Euratom), which came into effect on the same day as the Treaty of Rome, 1 January 1958.
   Both treaties, in conjunction with the Treaty establishing the European Coal and Steel Community (the Treaty of Paris, which expired in 2001-2002), have become known as the Treaties of Rome.
   To date, the original Treaty of Rome has been amended by all subsequent treaties of the European Union. The Treaty of Nice consolidated all treaties into one document, but within this the EC Treaty (the amended form of the Treaty of Rome) remains a single section with its own article numbering.
   Despite subsequent treaties, especially the Treaty of Maastricht, the EC Treaty is still the legal basis for most decisions taken by the institutions of the European Union and it remains the main source of communitary legislation.

Signatories

On behalf of	Signed by
	Paul-Henri Spaak Jean Charles Snoy et d'Oppuers
	Konrad Adenauer Walter Hallstein
	Christian Pineau Maurice Faure
	Antonio Segni Gaetano Martino
	Joseph Bech Lambert Schaus
	Joseph Luns J. Linthorst Homan

In March 2007, the BBC's Today radio programme reported that delays in printing the treaty meant that the document signed by the European leaders as the Treaty of Rome consisted of blank pages between its frontispiece and page for the signatures.

The 50th Anniversary

All members of the union in 2007 celebrated the 50^th anniversary of this important event by issuing commemorative coins, in euros for the members of the Eurozone and in their local currencies for those that have not adopted the euro yet. For the first time, the 13 active members of the Eurozone minted a common issue of a 2 euro commemorative coin, on top of the yearly production that some countries did that year. Some other countries minted high value euro commemorative coins, not designated for circulation, like the Belgian 10 euro 50^th Anniversary of the Treaty of Rome commemorative coin.

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