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European Council

(Encyclopedia)European Council, institution of the European Union (EU) responsible for defining the EU's general political direction and priorities. It is composed of an elected president (who serves a two-and-a-ha...

Nordic Council

(Encyclopedia)Nordic Council, international consultative body, created in 1952 by Denmark, Iceland, Norway, and Sweden. Finland joined the council in 1955. The territories of the Faeroes and the Åland Islands have...

European Economic Area

(Encyclopedia)European Economic Area: see European Free Trade Association; European Union. ...

European Economic Community

(Encyclopedia)European Economic Community (EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known infor...

New Economic Policy

(Encyclopedia)New Economic Policy (NEP), official economic reconstruction program of the USSR from 1921 to 1928. It replaced the economic policies of “war Communism” (1918–21), an emergency program establishe...

World Economic Forum

(Encyclopedia)World Economic Forum (WEF), independent international organization that seeks to improve the state of the world by encouraging partnerships between the public and private sectors, est. 1971 by the Ger...

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