Timeline Assignment 5

Main

Fouchet Plan (foreign defense policy of member states; education + culture)

1961

Britain, Denmark, Ireland and Norway applied

1961

Fouchet Plan collapsed

1962
  • Rejected by member states fearing France-German hegemony)
  • Nuclear force agreement between USA and Britain
  • Agreement on CAP

Franco-German Treaty

1963

French veto for British membership.

Empty Chair crisis begins

1965 - 1966

Luxembourg Compromise

1966

Transition towards common market

4 Countries apply again: British membership rejected again

1967

Customs union, 10 months ahead of schedule

1968

de Gaulle resigns

1969

Succeeded by P. (less opposed to Britain) - France in weaker position.

Economic and Monetary Union Plan introduced

1970
  • Accession negotiations with Britain, Denmark, Ireland
  • Agreement reached to finance the EC through ʻown resourcesʻ
  • European political cooperation established

Bretton-Woods system exchange rates currencies linked to the Dollar

1972
  • Dollar > broke down > led to monetary insecurity ; Gold-standard re-introduced
  • Paris Summit : agreement to transform community into a ʻEuropean Unionʻ

Britain, Denmark, Ireland joined

1973
  • Norway rejected plans to join in a referendum
  • Oil crisis (inflation + slow economy growth changed the balance of ....)

Unemployment rises

1974

Greece applied

1975

Spain and Portugal applied

1977
  • second Oil crisis