Ireland takes over the Presidency of the Council of the European Communities.
The International Monetary Fund (IMF) Interim Committee Board of Governors meets in Washington DC, USA. It agrees to increase the total of member countries' quota, to abolish the official price of gold and to give the special drawing right the central place in the international monetary system.
The Council agrees to release a second instalment of $100 million under the Community's undertakings to contribute to a total of $500 million for the emergency operation on behalf of the developing countries most seriously affected by the increase in international prices.
The Community and the 46 African, Caribbean and Pacific countries (ACP) sign a convention known as Lomé I, in Lomé, Togo, to replace the Yaoundé Conventions.
The European Council holds its first meeting in Dublin, Ireland. Major decisions are taken which enable the UK government to recommend continued membership of the Community. A declaration relating to the Conference on Security and Cooperation in Europe is adopted.
Mr. Georges Spénale is elected president of the European Parliament.
The Council sets up the European Regional Development Fund (ERDF) and a Regional Policy Committee. The Council adopts a European unit of account based on a composite basket of the Community currencies. It will initially be used under the Lomé Convention and for the European Investment Bank operations. It will later be gradually introduced into other sectors of Community activities. Mr Harold Wilson, the British prime minister, states in the House of Commons that the UK government would advise the British people to vote "yes" in the referendum on the United Kingdom's continued membership of the Community.
The Florence European University Institute is officially established by the first meeting of the High Council and through the appointment of a principal.
The British government publishes a White Paper on the outcome of the renegotiations.
In the British House of Commons, 369 members voted in favour of the United Kingdom staying in the Community with 170 voting against it.
The Council adopts a preliminary programme for a consumer protection and information policy.
The additional protocol extending the EEC-Greece Association Agreement to the three new Member States and an interim agreement on the advance implementation of the trade provisions of the additional protocol are signed in Brussels.
Ceremonies are held to commemorate the 25th anniversary of the "Schuman Declaration".
A new EEC-Israel Agreement is signed in Brussels. It replaces the 1970 agreement and contains cooperation clauses in addition to the trade provisions.
The outcome of the British referendum reveals that 67.2% of voters are in favour of the United Kingdom remaining a member of the Community.
Greece formally applies to join the European Communities.
The Community participates in the first session of the World Food Council held in Rome, Italy, set up following the World Food Conference of 1974.
The representatives of the governments of the Member States meeting in the Council, adopt a number of regulations enabling the African, Caribbean, Pacific (ACP) states to benefit from the trade provisions of the Lomé Convention as of July 1, before the convention officially enters into force.
Italy takes over the Presidency of the Council of the European Communities.
The Community and Mexico sign a trade agreement.
A European Council is held in Brussels, Belgium. The European Council asks the Foreign Affairs Council for a report on the election of the European Parliament by direct universal suffrage. The report is to be issued by the end of the year.
A Treaty giving the European Parliament wider budgetary powers and establishing a Court of Auditors is signed. It will enter into force in June 1977.
The final Act of the Conference on Security and Cooperation in Europe is signed in Helsinki, Finland, by 35 States.
The International Monetary Fund (IMF) Interim Committee Board of Governors meets in Washington DC, USA. It agrees on new arrangements for gold exchange.
The governors of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD) hold their annual meeting. The Commission participates as an observer and Mr Colombo, the president of the Council, makes a statement on behalf of the Community.
Official relations are established between China and the Community.
The Community participates in a preparatory meeting for the Conference on International Economic cooperation held in Paris, France. The opening of the conference is fixed for December 16.
A summit is held in Rambouillet, France. The heads of state or government of the Federal Republic of Germany, France, Italy, the United Kingdom, the United States and Japan stress the urgent need for economic recovery in the industrialised countries and express their willingness to intensify international cooperation.
A tripartite conference on the economic and social situation, involving the ministers for economic and social affairs, workers' and employers' representatives from the nine Member States and the Commission, is held in Brussels, Belgium. The Commission is asked to examine the matters discussed in greater detail and to prepare for the next conference.
The Commission brings before the Court of Justice an action against France for infringement of the Treaty by imposing an import tax on Italian wines.
A European Council meeting in Rome, Italy. It takes decisions on the election of the European Parliament by universal suffrage, on passport union and on a single Community representation for the north-south Dialogue.
The Community convention on the European patent for the common market (Community patent) is signed.
Sugar industry ruling. The European Court of Justice defines what constitutes a concerted practice and rules on a number of questions important to the development of the Community law on competition.
A Ministerial Conference on International Economic Cooperation takes place in Paris, France. In conclusion, the twenty-seven members (seven industrialised countries and the Community as such plus nineteen developing countries) set up Commissions on energy, raw materials, development and finance.