The Maastricht Treaty (formally, the Treaty on European Union, TEU) was signed on 7 February 1992 in Maastricht Coordinates: 50°51′N 5°41′E / 50.85°N 5.683°E Maastricht (Dutch pronunciation: [maːstʀɪçt] , sometimes [maːstʁɪχt]; Limburgish (incl. Maastrichtian) Mestreech [məˈstʀeːç]; French Maëstricht (archaic)) is a city and a municipality in the southern part of the Dutch province of Limburg, of which it is the capital. The city, the Netherlands The Netherlands (pronounced /ˈnɛðərləndz/ ; Dutch: Nederland, pronounced [ˈneːdərlɑnt] ( listen)) is a country in Northwestern Europe, constituting the major portion of the Kingdom of the Netherlands. It is a parliamentary democratic constitutional monarchy. The Netherlands borders the North Sea to the north and west, Belgium to the south, after final negotiations on 9 December 1991 between the members of the European Community The European Community is the first of the three pillars of the European Union (EU) created under the Maastricht Treaty (1992). It is based upon the principle of supranationalism and has its origins in the European Economic Community, the predecessor of the European Union. If the Treaty of Lisbon comes into force, the EU's pillar structure will be and entered into force on 1 November 1993 during the Delors Commission The Delors Commission was the administration of Jacques Delors, the 8th President of the European Commission, over the Commission of the European Communities. It created the European Union The European Union is an economic and political union of 27 member states, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the pre-existing European Economic Community. With almost 500 million citizens, the EU combined generates an and led to the creation of the euro The euro is the official currency of 16 of the 27 member states of the European Union (EU). The states, known collectively as the Eurozone, are Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. The currency is also used in a further five European. The Maastricht Treaty has been amended to a degree by later treaties.
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