THE DYNAMICS AND STRUCTURE OF DEVELOPMENT OF EUROPEAN UNION INTEGRATION

Abstract

An integration process in EU went through several stages, from the free trade area through customs union, common market to economic, monetary union:  European Coal and Steel Community (ECSC) in1951, European Economic Community (EEC) to develop common economic policies, single market and European Atomic Energy Community (EURATOM) in 1958. European Community (EC) in 1967 and a significant step to more political cooperation was Treaty on European Union (Maastricht Treaty in1993) via establishing modern-day European Union with the single market, currency, monetary policy.