About: Romano Prodi

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Economy & Jobs 07-02-2012

Maastricht Treaty turns 20 as euro crisis continues

Twenty years ago, leaders of the European Union put their signatures under a plan for one of the most ambitious steps in European integration.The single currency. The Maastricht Treaty enable the creation of the euro, which, despite all the negatives, has clearly carved out its place in the international currency markets. Former European Commissioner President Jacques Delors still sees the euro as a success story: Ten years after the launch of the physical notes and coins, however, it's clear that the Maastricht Treaty was not a complete success.

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