Word: benelux
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...16th century Villa Aldobrandini, which looks down on Rome from the Quirinal Hill, was built in the period of Europe's Renaissance. Last week the Deputy Foreign Ministers of France, Germany, Italy and Benelux met in its frescoed hall to map the way to a political renaissance: the United States of Europe...
...gains and setbacks since Western Europe agreed to pool its coal and steel resources just one year ago. The most obvious achievement was that the huge, $6 billion coal and steel industry-which accounts for 15% of the total industrial production of France, Germany, Italy and the Benelux nations, and provides work for one out of every ten of their workers -had actually been brought under a single command. By so doing, the plan had: 1) established a common market for coal, iron ore, scrap and steel; 2) eliminated customs duties, quotas, currency controls and double pricing. In long-divided...
...Benelux: 5 divisions, 600 planes...
...much of their time working out plans for the happy day of liberation. Their most ambitious scheme was for economic union: interstate free trade, a common tariff and excise, a free exchange of workers. The beginnings proved more modest: after liberation came a customs union with a catchy name, Benelux, and talk of how the three nations would prove "an example of unity in a divided world...
...Benelux's international trade is now the biggest on the Continent, though its population (20 million) is smaller than France. Italy or West Germany. Yet there is friction. Postwar politics complicated the unity: Holland lost her colonial empire in Indonesia, Belgium grew rich on hers; the population of Holland increased rapidly, that of Belgium remained fairly static; Holland's constitutional monarchy remained steady, Belgium was uncertain about her King; the Dutch worked for low wages, the Belgians demanded high wages. When cheap Dutch goods flooded the Belgian market, Belgian industrialists complained. Full economic union, due to take place...