Luxembourg takes over the Presidency of the Council of the European Communities.
Mr Leo Tindemans, prime minister of Belgium, publishes a report on the EU at the request of the heads of state and government.
The Interim Committee of the International Monetary Fund meets in Kingston, Jamaica. In connection with the reform of the international monetary system, agreement is reached on quotas, the status of gold, the exchange-rate system and on greater access to the fund's resources.
Italy suspends the official quotation of foreign currencies against the lira.
The Commission takes part in a conference in Barcelona, Spain, where a draft convention for the protection of the Mediterranean is adopted.
In an attempt to support the lira, the Italian government takes measures to increase deposits with the Central Bank and to reduce the period permitted for conversion of foreign currencies held by exporters.
The Council is in favour of Greece's application for Community membership.
Italy resumes official quotation of foreign currencies against the lira.
Two protocols with Malta are signed. The 1970 Association Agreement is extended to include agriculture and cooperation.
The Council carries out an examination of the economic situation of the Community on the basis of two papers issued by the Commission, a summary account of the economic policies pursued in 1975 and a Communication on the adjustment of the 1976 economic policy guidelines.
The Italian government adopts measures designed to stem the decline of the lira and improve the public finance situation.
The EEC-ACP Convention, signed in Lomé on February 28, 1975, enters into force.
A European Council meeting in Luxembourg. The heads of state and government hold an initial exchange of views on the Tindemans report on the EU of January 7.
At the the Tokyo round of GATT multilateral trade negotiations,the Commission presents its offer of concessions to developing countries as regards tropical products.
Defrenne ruling. The European Court of Justice holds that the principle of equal pay for women and men is directly applicable.
The Commission formally decides to reject the application from the Irish government for exemption from applying the principle of equal pay for women and men.
The Community signs cooperation agreements with three Maghreb countries (Algeria, Morocco and Tunisia).
The Commission allows Italy to take measures to protect the lira, authorising it to require a three-month non-interest-bearing cash deposit with the Bank of Italy on the purchase of foreign exchange and the deposit of the lira in foreign accounts.
The administrative board of the European Foundation for the Improvement of Living and Working Conditions holds its first meeting in Dublin, Ireland.
In response to the Italian request, the governors of the Central Banks of the Member States decide to grant Italy short-term monetary support.
The fourth session of the United Nations Conference on Trade and Development (UNCTAD) ends. The conference decides that an integrated programme providing for the study and the negotiation of individual commodity agreements and a common fund to coordinate the financing of buffer stocks is to be adopted, a code of conduct for transfers of technology is to be put into place and the Paris convention on industrial property is to be modified so as to respect the interests of developing countries. Guidelines will have to be laid down before the end of 1976 for the case-by-case settlement of the developing countries' debts.
The EEC and Pakistan sign a trade cooperation agreement.
Parliament considered a motion of censure against the Commission, which was tabled on May 13 concerning the manner in which the Parliament was consulted on a specific matter. The motion, the first to be put to a vote, was defeated by 109 votes to 18, with 4 abstentions.
A tripartite conference on the economic and social situation is held in Luxembourg. The conference is attended by the Commission and the representatives of governments and both sides of industry in the Member States.
The Netherlands take over the Presidency of the Council of the European Communities.
Canada and the EEC sign a framework agreement for economic and commercial cooperation in Ottawa, Canada.
The European Council meets in Brussels, Belgium. It agrees on the number and distribution of seats in the Parliament that is to be elected by direct universal suffrage in 1979. The Council also designates Mr. Roy Jenkins as president of the Commission.
Kramer ruling. The European Court of Justice defines the respective roles of the Community and of its Member States within the international fisheries framework.
Negotiations for the accession of Greece to the Community open formally.
The Community signs the Barcelona Convention for the protection of the Mediterranean sea against pollution.
The fifth session of the United Nations Conference of the Law of the Sea ends. The Community delegation requests that the future convention contain a clause to enable the Community as such to accede the convention.
The instruments concerning the election of the European Parliament by direct universal suffrage are signed.
The French government adopts the Barre plan for fighting inflation; one of the measures it contains is a VAT reduction.
The Italian government adopts the Andreotti plan to halt the decline of the lira by means of tax, monetary and social measures.
The Council decides that Member States will extend fishing limits to 200 miles off their North Sea and north Atlantic coasts as from 1 January 1977. These decisions mark the beginning of the common fisheries policy.
A European Council is held in The Hague, Netherlands. The Council examines the economic situation and reaffirms its interest in the problems relating to the north-south dialogue and publishes a statement on the construction of the European Union.
The representatives of the governments of the member countries appoint the members of the new Commission for the period from January 6, 1977 to January 5, 1981. A censure motion is tabled over the Commission's refusal to send a report issued by the financial control of the malt sector to the Parliament's Control Sub-Committee. The motion is withdrawn without being put to vote.