Energy Community - History

History

The roots of the Energy Community Treaty go back the South-East Europe Regional Energy Market for electricity and natural gas formed originally in the framework of the Stability Pact for South Eastern Europe through the Athens Memorandum. To this end, the establishment of the Energy Community represents a very important political step in a key-economic sector before the accession of the SEE countries to the EU. The institutional setting of the Energy Community shows great paralles to the structures of the European Union. It was in the negotiations for this treaty that the Commission “reproduced” the institutions that were created by the founding fathers of the European Communities and reproduced its own institutions outside its borders. On the occasion of the signing of the Treaty, the European Commission stated that the Energy Community Treaty is consciously modelled on the European Steel and Coal Community that was the genesis for the European Union.

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Famous quotes containing the word history:

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