established - 1-2 December 1969 (proposed at summit conference of heads of government; 7 February 1992 (Maastricht Treaty signed)

aim - to promote a single market by creating a single currency, the euro; timetable - 2 May 1998: European exchange rates fixed for 1 January 1999; 1 January 1999: all banks and stock exchanges begin using euros; 1 January 2002: the euro goes into circulation; 1 July 2002 local currencies no longer accepted

members - (12) Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain

Economic and Social Council (ECOSOC): established - 26 June 1945; effective - 24 October 1945

aim - to coordinate the economic and social work of the UN; includes five regional commissions (Economic Commission for Africa, Economic Commission for Europe, Economic Commission for Latin America and the Caribbean, Economic and Social Commission for Asia and the Pacific, Economic and Social Commission for Western Asia) and nine functional commissions (Commission for Social Development, Commission on Human Rights, Commission on Narcotic Drugs, Commission on the Status of Women, Commission on Population and Development, Statistical Commission, Commission on Science and Technology for Development, Commission on Sustainable Development, and Commission on Crime Prevention and Criminal Justice)

members - (54) selected on a rotating basis from all regions

Economic Community of the Great Lakes Countries (CEPGL): note - acronym from Communaute Economique des Pays des Grands Lacs

established - 20 September 1976

aim - to promote regional economic cooperation and integration

members - (3) Burundi, Democratic Republic of the Congo, Rwanda; note - organization collapsed because of fighting in 1998; reactivated in 2006