EU Treaties, Funds and Citizenship: Key Milestones

Major EU Treaties and Programs

Treaty of Paris (1951): established the European Coal and Steel Community. Treaty of Rome (1957): it constituted the European Economic Community, or Common Market, whose main objectives were the free movement of people, goods, services and capital and the Customs Union. Treaty on European Union (Maastricht Treaty, 1992): created the European Union and established economic and monetary union, common foreign and security policies, and cooperation in judicial and domestic matters. Creation of the euro (1999): the single currency came into circulation in 2002 in the majority of EU countries. Treaty of Lisbon (2007): it gave greater power to the European Parliament and allows for more participation of national parliaments and citizens.

Economic and Social Programs

Economic and monetary union: process to coordinate the economic policies of EU member states and prepare them for the adoption of the single currency. European Regional Development Fund: fund that offers financial help to less-developed regions. European Social Fund: fund for improving employment opportunities for unemployed people and preparing workers for new opportunities. European citizenship: legal status that provides additional rights to citizens of member states.

Duplicate Content

Treaty of Paris (1951): established the European Coal and Steel Community. Treaty of Rome (1957): it constituted the European Economic Community, or Common Market, whose main objectives were the free movement of people, goods, services and capital and the Customs Union. Treaty on European Union (Maastricht Treaty, 1992): created the European Union and established economic and monetary union, common foreign and security policies, and cooperation in judicial and domestic matters. Creation of the euro (1999): the single currency came into circulation in 2002 in the majority of EU countries. Treaty of Lisbon (2007): it gave greater power to the European Parliament and allows for more participation of national parliaments and citizens. Economic and monetary union: process to coordinate the economic policies of EU member states and prepare them for the adoption of the single currency. European Regional Development Fund: fund that offers financial help to less-developed regions. European Social Fund: fund for improving employment opportunities for unemployed people and preparing workers for new opportunities. European citizenship: legal status that provides additional rights to citizens of member states.