The Treaty of the European Union, Maastricht Treaty, 7th February, 1992
The Treaty on the European Union, commonly known as the Maastricht Treaty, was signed on February 7, 1992. This treaty served as a foundational legal document for the establishment of the European Union (EU). It marked a significant shift from the European Economic Community towards a deeper political, economic, and monetary integration. Among its key provisions was the introduction of the euro as a common currency and the establishment of EU citizenship.
About This Ebook
The Maastricht Treaty significantly advanced the process of European integration. It included the creation of the European Economic and Monetary Union (EMU), which aimed to introduce a single currency, the euro. Additionally, it established the European Political Union, enhancing cooperation in foreign policy, defense, and judicial matters. The treaty also introduced the concept of “European Citizenship,” granting EU citizens rights such as the freedom to live and work in any member state. The signing and implementation of this treaty represented a pivotal moment in the history of European integration, influencing global political and economic dynamics profoundly.