Signing of the Maastricht Treaty
On February 7, 1992, the Maastricht Treaty, officially known as the Treaty on European Union, was signed in Maastricht, Netherlands. This pivotal event marked a significant step towards European integration, establishing the European Union (EU) and leading to the creation of the euro currency. The treaty introduced new forms of cooperation between member states, including the Common Foreign and Security Policy and cooperation in the fields of justice and home affairs. It represented a major overhaul of the Community’s structures and policies, paving the way for further enlargement and deepening of the union.