Terms
of the Treaty
nUpon ratification of the treaty, the countries of the EC became members of the EU.
nIn 1994 the EU admitted three more members—Austria, Finland, and Sweden.
nUnder the Treaty on European Union, European citizenship was granted to citizens of each member state.
nCustoms and immigration agreements were enhanced to allow European citizens greater freedom to live, work, and study in any of the member states, and border controls were relaxed.
nThe EU also set a goal of establishing a single European currency by 1997; this date was later extended to 1999.
