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Unformatted text preview: ECSC demonstrated its flexibility by reducing Belgium's coal-producing capacity by 30% and by making avai lable large sums of money to aid in retraining miners and developing new industries. The ECSC had, by 1970, granted about $150 million in aid to retrain over 400,000 coal miners. The executive machinery of the ECSC provided an important precedent for the future growth of a united Europe: the nine-member High Authority, which became a part of the European Commission in 1967, was chosen by the member governments and made independent of those governments. Its independence was guaranteed by providing the authority with its own source of income....
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This note was uploaded on 01/04/2012 for the course AMH AMH2010 taught by Professor Pietrzak during the Fall '10 term at Broward College.
- Fall '10