Iift 2008 Question 134
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IIFT 2008
The Maastricht Treaty was approved by heads of government of the states making up the European Community (EC) in December 1991.
The treaty required voters in each country to approve the European Union, which proved to be a hotly debated topic in many areas. The
agreement took ended with the creation of the European Union and has since been amended by other treaties. The Maastricht Treaty
was signed on February 7, 1992, by the leaders of 12 member nations (Belgium, Italy, Luxembourg, France, Netherlands, West Germany,
Denmark, Ireland, United Kingdom, Greece, Portugal and Spain). The treaty entered into force November 1, 1993.