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Maastricht Treaty
(redirected from Maastrict 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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Under Maastrict treaty rules, eurozone member states are supposed to keep their deficits under three percent, but most are far above this as their public spending explodes and tax revenue falls during the crisis.
French budget bets on growth amid record deficit by AFP / AFP Global Edition
Following the end of the Warsaw Pact, however, matters changed dramatically, particularly after the 1992 Maastrict Treaty, when Europe seriously began to threaten the Anglo-Saxon axis, particularly in the economic and defence sphere.
Britain and America: partnership or subservience? by Cyprus Mail (Cyprus)
Is this the same party whose beloved Margaret Thatcher signed the Single European Act without a referendum and which, under John Major, signed the Maastrict treaty without a referendum and even took us into the EEC in the first place without a referendum?
Letter: Your Say - Tories' EU record; In association with POST OFFICE by Birmingham Mail (England)
 
 
 
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