Regulation 2

COUNCIL REGULATION (EEC) No 2137/85 of 25 July 1985 on the European Economic Interest Grouping (EEIG)

THE COUNCIL OF THE EUROPEAN COMMUNITIES.

Having regard to the Treaty establishing the European Economic Community, and in particular Article 235 thereof.

Having regard to the proposal from the Commission [OJ No. C 14, 15, 2. 1974, p.30 and OJ No. c 103, 28, 4. 1978, p.4.]

Having regard to the opinion of the European Parliament, [OJ No. C 163, 11, 7, 1977, p.17.]

Having regard to the opinion of the Economic and Social Committee [OJ No. C 108, 15, 5, 1975, p.46.],

Where a harmonious development of economic activities and a continuous and balanced expansion throughout the Community depends on the establishment and smooth functioning of a common market offering conditions analogous to those of a national market; whereas to bring about this single market and to increase its unity a legal framework which facilities the adaptation of their activities to the economic conditions of the Community should be created for natural persons, companies, firms and other legal bodies in particular; whereas to that end it is necessary that those natural persons, companies, firms and other legal bodies should be able to co-operate effectively across frontiers;

Whereas cooperation of this nature can encounter legal, fiscal or psychological difficulties; whereas the creation of an appropriate Community legal instrument in the form of a European Economic Interest Grouping would contribute to the achievement of the above mentioned objectives and therefore proves necessary;

Whereas the Treaty does not provide the necessary powers for the creation of such a legal instrument;