The treaty combined the earlier European Communities within a new framework; it institutionalized a common foreign and security policy and cooperation in the area of justice and home affairs. It also set out the road map for the transition to the common currency, the euro, and the goal of economic and monetary union, thereby representing an important stage in European integration.
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Frequently asked questions
- What was Founding of the European Union (Maastricht Treaty)?
- The Maastricht Treaty, signed on 7 February 1992 and entering into force in 1993, formed the foundation of the establishment of the European Union (EU).
- When did Founding of the European Union (Maastricht Treaty) happen?
- 1993 CE
- Where did Founding of the European Union (Maastricht Treaty) take place?
- Maastricht, Hollanda