Developments up to the Single European Act

EU Fact Sheets 29-01-2024

The main developments of the early Treaties are related to the creation of Community own resources, the reinforcement of the budgetary powers of Parliament, election of MEPs by direct universal suffrage and the setting-up of the European Monetary System (EMS). The entry into force of the Single European Act in 1986, which substantially altered the Treaty of Rome, bolstered the notion of integration by creating a large internal market.