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Maastricht Treaty

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Maastricht Treaty

 officially Treaty on European Union

Agreement that established the European Union (EU) as successor to the European Community. It bestowed EU citizenship on every national of its member states, provided for the introduction of a central banking system and a common currency (see euro), and committed the member states to work toward a common foreign and security policy. Signed in 1992, it was ratified and took effect in 1993. See also European Court of Justice, European Parliament, Treaties of Rome.



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Numerous opinions mentioned in the symposium, however, failed to reach the core of the problem that arose from the fact that the Maastricht treaty had no provision for the kind of recession Germany encountered during the last six years.
The system was created under the 1993 Maastricht Treaty to help reinforce economic and social ties.
Why deny him the credit for his leadership in forging a broad consensus on the benefits of the Maastricht Treaty, coupling measures designed to promote economic competitiveness with an expansive view of the human dignity of every individual citizen?
 
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