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English definition of “the Maastricht Treaty”

the Maastricht Treaty

noun
 
 
POLITICS
an agreement made in 1992 by the countries of the European Union to create a single economic market and the Euro (= the unit of money used in most European Union countries): The Maastricht treaty has been called the blueprint for Europe's economic and monetary union.
(Definition of the Maastricht Treaty from the Cambridge Business English Dictionary © Cambridge University Press)
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