Disciplines: Law, Economics, Political Science
Official name: The Treaty on European Union
The treaty signed on 7 February 1992 by the twelve member states of the European Community, and established the European Union.
The treaty came into effect on 1 November 1993.
The Maastricht Treaty includes criteria, which are commonly referred to as the Maastricht criteria. These criteria set economic standards for the member states to abide by. The treaty also paved the way for a single European currency.
Also see:· Amsterdam Treaty (1997)