Who was involved in the Treaty of Maastricht?
The Treaty of the European Union, also known as Treaty of Maastricht and the signatures of the 12 Ministers for Foreign Affairs and for Finance of the Member States around The Treaty on European Union was signed in Maastricht in the presence of the President of the European Parliament, Egon Klepsch.
What are the Maastricht criteria and why are they important?
The Maastricht criteria (also known as the convergence criteria) are the criteria for European Union member states to enter the third stage of European Economic and Monetary Union (EMU) and adopt the euro as their currency. The four criteria are defined in article 121 of the treaty establishing the European Community.
How did Maastricht affect the EU as a whole?
Despite the growing number of EU member states since Maastricht, the European Union has developed an increasing cohesion in its ability to act together and influence global developments. In 2012, the EU received the Nobel Peace Prize. This was, in part, motivated by its actions to promote and protect democracy in a number of member states.
When did Ireland ratify the Maastricht Treaty in 1992?
In Ireland, the Eleventh Amendment of the Constitution, allowing the state to ratify the Treaty, was approved in a referendum held on 18 June 1992 with the support of 69.1% of votes cast. In September 1992, a referendum in France narrowly supported the ratification of the treaty, with 50.8% in favour.
Who are the 12 countries that signed the Treaty of Versailles?
Representatives from 12 countries signed the Treaty on 7 February 1992 – Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain and the United Kingdom. The parliaments in each country then ratified the Treaty, in some cases holding referendums.