On 18 February 1974, the Economic Affairs and Finance Ministers of the Nine meet in Brussels as the Council of the European Communities. During the meeting, they decide to establish an Economic Policy Committee in order to improve the coordination of the economic policies of the Member States of the Communities. In this photo, Valéry Giscard d’Estaing (left) can be seen talking with Helmut Schmidt (centre) and Wilhelm Haferkamp (right).