A new government of technocrats in 1957 and the stabilization and liberalization plan in 1959 introduced a simultaneous liberalization of domestic markets and international economic relations, that motivated Spain`s access to Europe that was in a process of integration after the so-called ``Schuman Plan``. But Spain`s application for associate status was rejected by the ``Birkelbach report`` that represents an early expression of democratic conditionality. In spite of this, Franco`s Spain approached Brussels once more in 1964, though without explicitly alluding to the associate membership matter. This enabled EEC to reply, with a rather modest agreement to examine the economic problems posed for Spain by European integration with a view to finding possible solutions. The outcome of this was the Preferential Agreement signed with Spain in 1970, so called a third way with a certain degree of political consideration. Not only did it explain that the european integration was characterized by the realism and functionalism, but also it showed that the europeanism of the Franco`s regime was limited to the economic sphere. It was proved by the ``Contubernio de Munich`` and the ``Proceso de Burgos``.