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1973

January

1

Belgium takes over the Presidency of the Council of the European Communities. Denmark, Ireland and the United Kingdom join the European Communities. The Community free trade agreement with Austria, Switzerland, Portugal and Sweden comes into force.

6

Mr. François Xavier Ortoli takes office as president of the European Commission.

February

8

The European Confederation of Trade Unions is set up.

21

Continental Can ruling. The European Court of Justice agrees that, within the meaning of the EEC Treaty, it constitutes an abuse for undertakings to concentrate and achieve a degree of power that virtually eliminates competition.

March

13

Mr Cornelis Berkhouwer is elected president of the European Parliament.

April

1

The industrial free trade agreement between the Community and Iceland comes into force.

6

The EEC-Spain joint committee holds its third meeting in Madrid, Spain. The Spanish delegation gives an account of its government's viewpoint on the future of relations between Spain and the Community, particularly with a view to the negotiations of a new agreement.

June

1

The association agreement and the additional protocol between the Community and Cyprus comes into force.

July

1

Denmark takes over the presidency of the Council of the European Communities. The industrial free trade agreement between the Community and Norway comes into force.

3-7

The opening session of the Conference on Security and Cooperation in Europe (CSCE) is held in Helsinki, Finland.

September

12-14

A General Agreement on Tariffs and Trade (GATT) ministerial meeting is held in Tokyo, Japan. The parties involved agree on the necessity to set up a monetary system that shields the world economy from shocks and imbalances; they also recognise that the new phase in the liberalisation of trade should facilitate the orderly functioning of the monetary system.

October

5

Finland signs an industrial free trade agreement with the Communities.

6-27

Kippour war. Petroleum-producers countries decide to reduce or ban exports towards some occidental countries and the Organisation of Petrol-Producers (OPEP) countries decides to massively increase petroleum prices.

15

The Council adopts a set of measures for improving its relations with the European Parliament. These envisage increased input by the Council in the work of the Parliament in the conclusion of trade agreements as well as an improved procedure of consultation with the Parliament.

November

6

The EU countries declare their commitment to a peaceful solution of the Middle-East crisis.

20

The Council discusses the measures proposed by the Commission regarding the reorganisation of the common agricultural policy (CAP) that is to be put into place by end 1977.

December

14-15

A summit is held in Copenhagen, Denmark. The energy crisis leads the Member States to agree on the introduction of a common energy policy. A statement on European identity, drafted as part of political cooperation arrangements and approved by foreign ministers, is released.

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