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| | A Concise Encyclopedia of the European Union --E-- (via CobWeb/3.1 planetlab2.netlab.uky.edu) (Site not responding. Last check: 2007-11-05) |
 | | In 1995, however, the European Council agreed to abandon the name in favour of the euro, in deference to German concern that the ECU would not be credible, given its track record of repeated devaluation occasioned by the weakness of several of its components, notably the lira, the peseta, the escudo and the drachma. |
 | | The ECSC was the institutional model for the EEC, with a Council of Ministers representing the member states, a High Authority (equivalent to the Commission, with Monnet as its first president), an Assembly of national parliamentarians and a Court of Justice, all based in Luxembourg. |
 | | The European Council (not to be confused with the Council of Ministers) refers to the twice-yearly, or occasionally more frequent, summit meetings of EU heads of government (plus the directly elected presidents of France and Finland) and the president of the Commission. |
| www.euro-know.org.cob-web.org:8888 /dictionary/e.html (11083 words) |
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