Reflections on the Maastricht Treaty

Extract

The Conclusions Reached at the meeting of the European Council in Maastricht, on 9 — 10 December 1991, on economic and monetary union and also on political union, form an impressive and complex whole, in which undertakings of major importance coexist with other more timid ones. A detailed analysis would overstep the limits of an article. Moreover, there are still some problems to be cleared up before the final drafts are agreed, even if the principal political decisions have already been taken. The remarks which I would like to submit here will therefore deal more with general questions, and I will limit myself to the more significant provisions of the Maastricht agreements.