3.1.3. Single European Act

Next, the third stage of formation of the European Community (early 70's - early 90's) is characterized by further expansion of the Western European Community to 15 countries intehrantiv.

Whenever the accession of new countries proves the growth of political and socio-economic integration of Western European rating group, claimed its economic efficiency.

However, this period is associated with activation of a new impetus of the integration process caused by the Single European Act. Adoption of the 1987 Single European Act (YEYEA) launched the EU transition to a qualitatively new content integration. Act intended to create conditions for restructuring the economic mechanism of the Community, which not only secured to the level of economic integration, but also opened new opportunities for EU in the future.

Stages of Western integration process

1951-1952

The Paris Agreement

ECSC

1957

Treaty of Rome:

EEC

Euratom

1969

Hague Declaration

Course on a

Economic and Monetary

Union "Six"

"Werner Plan"

1987

Single European Act and

course of a single

economic space and

"Common market" 12

1988-1995

Schengen Europe

Beyond Borders

Visa-free travel area

States - members agreement

1991-1999

Maastricht Treaty

The course for a European Monetary Union

States that joined the agreement.

1991-1999

Maastricht Treaty.

The course for a European Monetary Union EMU

The decisive step in this direction was the principal agreement to establish a single market for 12 countries intehrantiv.

Another of the important provisions YEYEA was the course to create a common economic space in which integration groupings functioned as a single economic organism. Adoption YEYEA strengthened integration processes in Western Europe in the field of micro-and macroeconomics, policy and law, science, ecology, regional development. In the early 90's country groupings is almost finished forming the basis of a single (common) market and 12 approached the level of "full integration" - the formation of an economic, monetary and political union.

The purpose and ways of creating the European Monetary Union have been identified Maastricht Treaty on European Union. The contract was approved by the Heads of State and Government of the EU-15 at a session of the European Council in December 1991, signed on February 7, 1992 in Maastricht (Netherlands), came into force on 1 November 1993, began to be realized with almost January 1, 1999 introduction of the euro as estimated (nehotivkovoyi) currency within the "Eurozone".

Over the Maastricht Treaty envisaged the creation of monetary union and political union. In fact, dealt with the content filling phase of "full integration", the grounds of Mr Belashi.

With the signing of the Maastricht Treaty of European Union countries have moved permanently to the joint economic and financial policy, the ultimate goal of which - the introduction of a single supranational monetary system with all the very difficult consequences that the implementation process driven by this goal in life.

Maastricht Treaty provided for a phased implementation schedule for the single currency system, some general rules in the public sector, as well as inflation, interest rates within the Eurozone.

The current stage of the integration process in Western Europe associated with the transformation of the European Economic Community into the European Union, with the implementation of the Maastricht Treaty and the implementation of projects for further expansion of Western European integration grouping the participating post-socialist countries, ie countries with economies in transition.

As for the political union, the Treaty provides improvement of the structure and powers of the EU enlargement, the increased role of the European Parliament, the development of forms of cooperation to a qualitatively new level of integration.