Limited by geographical realities, the Continent obviously could not be enlarged. The documents available on this Web site are the exclusive property of their authors or right holders. The Maastricht Treaty, concluded in 1992 between the twelve Member States of the European Communities, is the foundation treaty of the European Union(EU).  The British Government succeeded in including the principle of subsidiarityin the Treaty, which helped counter-balance the federalist tendencies of other parts of the document. The Maastricht Treaty specified an agenda for incorporating monetary policy into the EC and formalized planning that had begun in the late 1980s to replace national currencies with a common currency managed by common monetary institutions.  The process of closer integration through Monetary Union made it vital to have closer political co- operation. This publication reproduces the text of the Treaty on European Union, as signed in Maastricht on 7 February 1992. The Treaty on European Union shall be amended in accordance with the provisions of this Article. The Treaty on European Union was signed in Maastricht in the presence of the President of the European Parliament, Egon Klepsch. It is the result of a combined effort on the part of the General Secretariat of the Council and of the Commission. While these were widely seen to presage a "federal Europe," the f…  The Maastricht Treaty created a structure capable of coping with closer integration and Monetary Union while giving national governments more say through an expanded European Council. Formally the Treaty on European Union 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. Treaty on European Union (Maastricht, 7 February 1992) — Consolidated version 1997 Author: CVCE / All rights of reproduction, public communication, adaptation, distribution or dissemination via Internet, internal network or any other means are strictly reserved in all countries. The treaty defined a set of “convergence criteria” that specified the conditions under which a member would qualify for participation in the common … Historical Background The European continent isbig, but throughout its long and troubled history, it has never proved quite big enough to contain, peacefully,its diversity of peoples, languages, national laws, and ambitions. Maastricht Treaty. The text has been produced for documentary purposes and does not involve the responsibility of the institutions. In accordance with that Treaty the Union is founded on the European Communities (first pillar), with two additional areas of cooperation (second and third pillars): the Common Foreign and Security Policy (CSFP) and Justice and Home Affairs (JHA).

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