Maastricht, Vertrag von#

Maastricht Treaty: On February 7, 1992, the international agreement also known as the Treaty on European Union was signed in Maastricht. It came into force on November 1, 1993. Goals are the intensification of the community bonds of the signing members and the creation of a basis for the completion of Economic and Monetary Union ( Euro) as well as for further stages of political integration in the areas of a Common Foreign and Security Policy (CFSP), justice and home affairs. Austria's accession to the EU on January 1, 1995 was based on the Maastricht Treaty. The Treaty of Amsterdam constitutes the next step in the development of the European Union.