Maastricht-treaty definitions

A 1991 treaty, signed in Maastricht, the Netherlands, that was designed to establish a single European currency and create economic cooperation in Western Europe. From the treaty a cur-rency union was created that set up narrow ranges restricting the value of each countries’ currency. The Maastricht Treaty was replaced by the agreement to create the euro, which began to circulate Jan. 1, 2002.
0
0