Davignon Plan
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Davignon Plan
The Davignon Plan was adopted in 1978 by the European Economic Community to reform its steel industry.{{Cite book, url=http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf, title=Dictionary of Trade Policy Terms, last=Goode, first=Walter, publisher=World Trade Organization, year=2003, isbn=, edition=Fourth, location=, pages=100 Its aim was to place a cap on steel's production capacity. In the long term, it aimed to restructure and rationalise the steel industry. Its main tools to achieve its planned targets were state aids and import restrictions. The Plan took its name from Étienne Davignon, the European Commissioner for the Internal Market and Industrial Affairs. References Steel industry ...
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European Economic Community
The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty. aiming to foster economic integration among its member states. It was subsequently renamed the European Community (EC) upon becoming integrated into the first pillar of the newly formed European Union in 1993. In the popular language, however, the singular ''European Community'' was sometimes inaccuratelly 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. 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 common market an ...
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Steel Industry
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ele ...
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Étienne Davignon
Étienne, Count Davignon (born 4 October 1932 in Budapest, Hungary) is a Belgian politician, businessman, and former vice-president of the European Commission. Career After receiving a Doctorate of Law from the Catholic University of Louvain, Davignon joined the Belgian Foreign Ministry, in 1959, and within two years had become an attaché under Paul-Henri Spaak, then Minister of Foreign Affairs. He remained in Belgian government until 1965. In 1970, he chaired the committee of experts which produced the Davignon report on foreign policy for Europe. Davignon later became the first head of the International Energy Agency, from 1974 to 1977, before becoming a member of the European Commission, of which he was vice-president from 1981 until 1985. From 1989 to 2001, he was chairman of the Belgian bank Société Générale de Belgique, which is now part of the French supplier Engie and was not an arm of the French bank Société Générale, but a Belgian institution. As of 2010 he ...
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European Commissioner
A European Commissioner is a member of the 27-member European Commission. Each member within the Commission holds a specific portfolio. The commission is led by the President of the European Commission. In simple terms they are the equivalent of government ministers. Appointment Commissioners are nominated by member states in consultation with the commission president, who then selects a team of commissioners. This team of nominees are then subject to hearings at the European Parliament, which questions them and then votes on their suitability as a whole. If members of the team are found to be inappropriate, the president must then reshuffle the team or request a new candidate from the member state or risk the whole commission being voted down. As parliament cannot vote against individual commissioners there is usually a compromise whereby the worst candidates are removed but minor objections are put aside, or dealt with by adjusting portfolios, so the commission can take offi ...
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