Maastricht Treaty

 

Answer: D

Maastricht Treaty

The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands.On 9–10 December 1991, the same city hosted the European Council which drafted the treaty.Upon its entry into force on 1 November 1993 during the Delors Commission,it created the three pillars structure of the European Union and led to the creation of the single European currency, the euro.

What is Delors Commision

The Delors Commission was the administration of Jacques Delors, the eighth President of the European Commission. Delors presided over the European Commission for three terms (though the last one lasted for around a year). The first term lasted from 1985 to 1988, the second until 1992 and the final one until 1994, making Delors the longest serving president, and his Commission is also seen as the most successful at advancing European integration. It was the only Commission to serve three times, and Delors served five two-year terms (as they were then).The third Commission was the first Commission of the European Union, the Maastricht Treaty having come into force in 1993.

 

What is three pillars structure of the European Union

The European Communities pillar handled economic, social and environmental policies. It comprised the European Community (EC), the European Coal and Steel Community (ECSC, until its expiry in 2002), and the European Atomic Energy Community (EURATOM).

 

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