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| EUROPA > The EU at a glance > The history of the European Union > 1970-1979 A growing community |
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1970 – 1979
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24 April 1972 The EU’s first plan for a single currency dates from 1970. To maintain monetary stability, EU members decide to allow their currencies to fluctuate against each other only within narrow limits. This exchange rate mechanism (ERM), created in 1972, is a first step towards the introduction of the euro, 30 years later. |
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Acid rain destroys forests in Scandinavia The fight against pollution intensifies in the 1970s. The EU adopts laws to protect the environment, introducing the notion of ‘the polluter pays’ for the first time. Pressure groups such as Greenpeace are founded. |
1 January 1973 The six become nine when Denmark, Ireland and the United Kingdom formally enter the EU.
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Oil crisis in 1973/74 - Cars queue Following an Arab-Israeli war in October 1973, Middle East oil-producing nations impose big price increases and restrict sales to certain European countries. This creates economic problems throughout the EU. |
The EU helps bring jobs to 10 December 1974 To show their solidarity, EU leaders set up the European Regional Development Fund. Its purpose is to transfer money from rich to poor regions to improve roads and communications, attract investment and create jobs. This type of activity later comes to account for one third of all EU spending. |
The European Parliament in session. 7–10 June 1979 EU citizens directly elect the members of the European Parliament for the first time. Previously they were delegated by national parliaments. Members sit in pan-European political groups (Socialist, Conservative, Liberal, Greens, etc.) and not in national delegations. The influence of the Parliament is constantly increasing. |
The overthrow of the Salazar regime in Portugal in 1974 and the death of General Franco of Spain in 1975 end the last right-wing dictatorships in Europe. Both countries commit themselves to democratic government — an important step towards qualifying for future membership of the EU. |
Aldo Moro (left), became a prominent The murder of former Italian Prime Minister, Aldo Moro, in 1978 is one of many acts of terrorism carried out by extremist groups in the 1970s. Among the victims are leading lawyers, businessmen and politicians, as well as 11 Israeli athletes at the Munich Olympic Games (1972). |
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Clothes and accessories of the 1970s. Youth styles get more exotic in the early 1970s. Pop stars, whose audiences are getting younger, are a big influence. Some young women swap their miniskirts for even briefer ‘hot pants’, but most teenagers wear trousers with wide flares at the bottom. They also wear thick-soled platform boots. Most extreme are the punks, with spiky hair, sometimes dyed orange, and a craze for body-piercing. |
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See the "European Navigator" website for more information on the history of European integration.
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