Summary: European Atomic Energy Community Sep 03
- ID: 1871707
- September 2003
- Region: Europe
- Standard & Poors
The European Atomic Energy Community (EURATOM) is one of the European Union's (EU) two supranational entities (the other being the European Community (EC); the treaty establishing a third, the European Coal & Steel Community (ECSC), expired on July 23, 2002). EURATOM's ratings reflect: Strong membership support; Prudent statutory and budget controls; and Ultimate access (via EC's budget) to member states' resources, if necessary, to meet its obligations. EURATOM was established as a supranational entity in 1957 by the Treaty of Rome, which also led to the inception of EC. In contrast to the ECSC Treaty, the EURATOM Treaty is of unlimited duration. EURATOM, like EC, is a legally autonomous entity with its own borrowing powers. Its members include the 15...
Companies mentioned in this report are:
- European Atomic Energy Community
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