The Treaty on European Union, commonly known as the Maastricht Treaty, is the foundation treaty of the European Union (EU). Concluded in 1992 between the then-twelve member states of the European Communities, it announced "a new stage in the process of European integration" chiefly in provisions for a shared European citizenship, for the eventual introduction of a single currency, and (with less precision) for common foreign and security policies. Although these were widely seen to presage a "federal Europe", the focus of constitutional debate shifted to the later 2007 Treaty of Lisbon. In the wake of the Eurozone debt crisis unfolding from 2009, the most enduring reference to the Maastricht Treaty has been to the rules of compliance – the "Maastricht criteria" – for the currency union.
Against the background of the end of the Cold War and the re-unification of Germany, and in anticipation of accelerated globalisation, the treaty negotiated tensions between member states seeking deeper integration and those wishing to retain greater national control. The resulting compromise faced what was to be the first in a series of EU treaty ratification crises.
1993Nov, 1
The Maastricht Treaty takes effect, formally establishing the European Union.
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Events on 1993
- 28Feb
Waco siege
The Bureau of Alcohol, Tobacco and Firearms agents raid the Branch Davidian church in Waco, Texas with a warrant to arrest the group's leader David Koresh. Four ATF agents and six Davidians die in the initial raid, starting a 51-day standoff. - 27Mar
Giulio Andreotti
Italian former minister and Christian Democracy leader Giulio Andreotti is accused of mafia allegiance by the tribunal of Palermo. - 8Apr
United Nations
The Republic of Macedonia joins the United Nations. - 23Apr
Ethiopia
Eritreans vote overwhelmingly for independence from Ethiopia in a United Nations-monitored referendum. - 16Oct
Kent
Anti-Nazism riot breaks out in Welling in Kent, after police stop protesters approaching the British National Party headquarters.