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European construction

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Created on May 12, 2026

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Transcript

Under construction

European Union Eurosystem

2026

Updates the treaties (on EU and Functioning of the EU) With a focus on Institutions and citizens’ rights

2007

Treaty of Lisbon

The euro becomes legal tender

2002

Euro in circulation

The ECB conducts the single monetary policy with the participation of euro area national central banks

1999

Euro (accounting currency) Eurosystem

European Central Bank (ECB)

1998

Birth of the EU: Treaty on European Union Start of the Economic and Monetary Union’s journey towards the single currency

Treaty of Maastrich European Union

1992

Towards the single market: free movement of goods, services, people and capital

1987

Single European Act

End of internal tariffs and introduction of a common external tariff

1968

Customs Union

Creation of the European Economic Community (EEC), based on a common market, Euratom, for the civil use of nuclear energy

1957

Treaties of Rome EEC

First European supranational authority. Transfer of sovereignty in these strategic sectors

Treaty of ParisEuropean Coal and Steel Community

1951

1950

Schuman Declaration

1945

End of the Second World War