1992: the year in review. (for the European Community)

1992 was a very significant year for the European Community as the Maastricht Treaty for economic integration advanced despite difficulties with the Exchange Rate Mechanism and a global recession. Other significant issues where the continuing negotiations over the General Agreement on Tariffs and Trade, rising nationalism, and the civil war in Yugoslavia.

Who would have thought that a tiny town in the Netherlands would have become a symbol for the European Community in 1992. The Maastricht Treaty, named after a small town in southern Netherlands, will be a large step forward fo