On the first of January, nineteen eighty-one, Greece will become the tenth member of the European Economic Community.
CU George Rallis, Foreign Affairs Minister of Greece speaking in Greek, and translated in French.
CU Mr. George Kontogeorgis, Greek Minister of Relations with the EEC.
SV Translator speaking in French and PULL BACK TO GV Greek Ministers and others sipping champagne.
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Background: On the first of January, nineteen eighty-one, Greece will become the tenth member of the European Economic Community. Negotiations were completed yesterday (4 April) for the official signing on the twenty-eighth of May this year. Hard bargaining by the Greek ministers means that Greece now stands to gain a hundred and twenty million dollars in its first year. By the end of the five year transitional period to full membership, Greece will have received six hundred and seventy million dollars, from the EEC.
SYNOPSIS: A press luncheon was hosted in Brussels yesterday (4 April) by the Greek Foreign Affairs Minister, Mr. George Rallis. In his speech he expressed great pleasure at the completion of the negotiations. It was a very great event for his country, he said, especially when one considered that Greece submitted its application for EEC membership in nineteen-sixty. In the last nineteen years, he said Greece had made great progress to become a member of this great Community. Mr. Rallis said an important problem had been resolved; that of the Greek migrant workers. After three years of EEC membership, Greek workers will receive the Social Security benefits at the level of the country in which they work, even though their families remain in Greece.
To celebrate their EEC entry the Greek government representatives toasted their success.
The Greek Minister for Relations with the EEC, Mr. George Knotogeorgis told journalists that Greece would decide sometime during the transition period whether it would join the European Monetary System.