Definition

Maastricht Treaty

Maastricht Treaty refers to a treaty among the 12 European Union countries that specified a plan and timetable for the introduction of a single European currency, to be called the “Euro.”

Share it:  Cite

More from this Section

  • Real interest rate
    Real interest rate is the interest rate adjusted for expected changes in the price level ...
  • International Fisher effect (IFE) line
    International Fisher effect (IFE) line is a diagonal line on a graph that reflects points ...
  • Imports
    Imports are goods and services that a country buys from other countries. ...
  • Pure no-fault plan
    Pure no-fault plan is the injured person cannot sue at all, regardless of the seriousness ...
  • Foreign Exchange Brokers
    Foreign exchange brokers are agents who facilitate trading between dealers without themselves ...