RTG-02 Intra-European Payments

Documents from [1947] to [1951]

Identity Statement

Reference Code
RTG-02
Extent and Medium

4 dossiers

Reference Archivists

Mary, Carr

Context

Administrative and Biographical History

In June 1950 Stikker, Chairman of the OEEC Council, put forward an action plan for the economic integration of Europe through the specialisation of activities, division of labour and the creation of a single European market. Countries with heavy state trade were asked to issue long-term purchase contracts at reasonable prices, and a joint list of objects for freeing trade was proposed. A European fund was to be set up to alleviate the consequences of increased competition for firms. Other proposals were made to accelerate the freeing of trade, and also to give the OEEC power to organise the European economies or rationalise them. Consequently, the French and Italian ministers, Petsche and Pella, amended the Stikker Plan. Central to these projects was a European Investment Bank (EIB), which came into being with the Common Market.

Allied Materials

Notes

Notes and Remarks

These series of documents are mainly in English which is why I described them in English

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