- Published on
KembaraXtra – Legal Terms – Maastricht Treaty
The Maastricht Treaty, formally known as the Treaty on European Union, was signed in 1992 in Maastricht, Netherlands, and came into force in 1993. It represented a major stage in European integration and fundamentally reshaped the structure of the European Communities.
The Treaty formally created the European Union and introduced cooperation in areas such as foreign policy, security, justice, and home affairs. It also laid the groundwork for a single European currency through the development of Economic and Monetary Union.
Another important feature of the Treaty was the introduction of the principle of subsidiarity, which aimed to ensure that decisions were taken as closely as possible to citizens. The powers of the European Parliament were also expanded.
The Maastricht Treaty has since been amended by later agreements, including the Amsterdam Treaty and the Lisbon Treaty, but it remains a foundational constitutional document of the European Union.
The Maastricht Treaty, formally known as the Treaty on European Union, was signed in 1992 in Maastricht, Netherlands, and came into force in 1993. It represented a major stage in European integration and fundamentally reshaped the structure of the European Communities.
The Treaty formally created the European Union and introduced cooperation in areas such as foreign policy, security, justice, and home affairs. It also laid the groundwork for a single European currency through the development of Economic and Monetary Union.
Another important feature of the Treaty was the introduction of the principle of subsidiarity, which aimed to ensure that decisions were taken as closely as possible to citizens. The powers of the European Parliament were also expanded.
The Maastricht Treaty has since been amended by later agreements, including the Amsterdam Treaty and the Lisbon Treaty, but it remains a foundational constitutional document of the European Union.
0 Comments