Word: luxembourgers
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Beyond Needs. When the organization was established in Luxembourg in 1952, coal and steel were urgently needed for the reconstruction of Europe. Now there is too much of both. Then, coal supplied 75% of Europe's energy needs, but coal's proportion of the total has been cut to 35% by the increasing use of other fuels, mainly oil. Demand for steel continues to grow but at a slower rate, and modernization of plants has raised steel capacity beyond actual needs. Western European steel plants, which normally work at 90% of cinacity, have had to cut back...
...seem unconvinced. "Sacrifice imposed on a country by an authority other than its own is unacceptable," said French Foreign Minister Maurice Couve de Murville last week in Paris, adding that France's experience with the Coal-Steel organization had been "lamentable." Concluded Couve: "Nothing has taken place in Luxembourg except coal crises." That sounded ominous for the Community's future...
...nine East European Communist nations promptly fell into line. At an Oslo meeting of the International Consultative Conference on Radio Communications last month, Greece and Monaco also opted for SECAM, giving it a 16-nation lineup. Twelve Western European countries, including the United Kingdom, chose PAL, while Austria, Belgium, Luxembourg, Portugal and Spain remained undecided...
...pact was a compromise. It fixed the prices to be paid throughout the Common Market for beef, sugar, milk, rice, olive oil and fruits and vegetables. The prices are higher than those now paid in the relatively efficient farming countries of the Six, France, Belgium, The Netherlands and Luxembourg, and lower than those in Germany and Italy. For instance, the minimum price for sugar beets will be set at $17 a ton, which is 42% higher than the current French price - but 6.6% lower than the German price...
...court-to their later chagrin. Asked for an opinion on the case, the EEC in Brussels brushed aside bitter German protests, decided that the Grundig-Consten deal created "a monopoly within French territory" in violation of Common Market free-trade accords. The Market's court of justice in Luxembourg thereupon ruled the exclusive dealership illegal...