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{{EU history|expanded=Organization}}
The '''European Economic Community''' ('''EEC''') was a [[regional organisation]] created by the [[Treaty of Rome]] of 1957,<ref group="note">Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty.</ref> aiming to foster [[economic integration]] among its member states. It was subsequently renamed the '''European Community''' ('''EC''') upon becoming integrated into the [[Three pillars of the European Union|first pillar]] of the newly formed [[European Union]] (EU) in 1993. In the popular language, the singular ''European Community'' was sometimes inaccurately used in the wider sense of the plural ''[[European Communities]]'', in spite of the latter designation covering all the three constituent entities of the first pillar.<ref name="singular">{{unordered list|{{cite web |title=European Community |url=http://www.encyclopedia.com/doc/1B1-364013.html |publisher=Encyclopædia Britannica |quote=The term also commonly refers to the 'European Communities', which comprise ... |access-date=30 January 2009}}|{{cite web |title=Introduction to EU Publications |publisher=The University of Exeter |work=Guide to European Union Publications at the EDC |url=http://library.exeter.ac.uk/guides/libraries/edcguide.html |quote=The European Community originally consisted of three separate Communities founded by treaty ... |access-date=30 January 2009 |archive-url=https://web.archive.org/web/20070924171113/http://www.library.exeter.ac.uk/guides/libraries/edcguide.html |archive-date=24 September 2007 |url-status=dead}}|{{cite web |title=Glossary of The European Union and European Communities |author=Derek Urwin, University of Aberdeen |url=http://www.uta.fi/FAST/GC/eurgloss.html |quote=European Community (EC). The often used singular of the European Communities. |access-date=30 January 2009}}}}</ref> The EEC was also known as the '''European Common Market''' (ECM) in the English-speaking countries,<ref>{{Cite web|url=https://www.chicagobooth.edu/review/two-faces-common-market|title=From 1963: The Two Faces of the Common Market|publisher=The University of Chicago Booth School of Business}}</ref> and sometimes referred to as the European Community even before it was officially renamed as such in 1993. In 2009, the EC formally ceased to exist and its institutions were directly absorbed by the EU. This made the Union the formal successor institution of the Community.
The Community's initial aim was to bring about economic integration, including a [[Single market|common market]] and [[customs union]], among its [[Inner Six|six founding members]]: [[Belgium]], [[France]], [[Italy]], [[Luxembourg]], the [[Netherlands]] and [[West Germany]]. It gained a common set of [[Institutions of the European Union|institutions]] along with the [[European Coal and Steel Community]] (ECSC) and the [[Euratom|European Atomic Energy Community]] (EURATOM) as one of the [[European Communities]] under the 1965 [[Merger Treaty]] (Treaty of Brussels). In 1993 a complete [[single market]] was achieved, known as the [[European single market|internal market]], which allowed for the free movement of goods, capital, services, and people within the EEC. In 1994 the internal market was formalised by the EEA agreement. This agreement also extended the internal market to include most of the member states of the [[European Free Trade Association]], forming the [[European Economic Area]], which encompasses 15 countries.
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