Abstract
In the 1960s, a community of nations like France, Germany, Italy, and the Benelux covered almost all economic sectors, introduced the future common market framework, and established common policies for agriculture, transports, international relations, and regional cohesion. The integrating economic success attracted new countries. In 1973, United Kingdom, Ireland, and Denmark became member states and Greece joined the European Union in 1981, followed by Spain and Portugal in 1986. Despite the international economic and monetary crisis in the 1970s, the EU cooperation led to the complete economic integration in the lines of the 1987 Single European Act for a single market, and new political fields, environment, health, social and territorial cohesion. In November 1989, The Berlin wall fell, and the Soviet bloc collapsed, thus opening up new perspectives for a continental reunification. The European Union was created in 1992 with the support of the Maastricht treaty with its "three pillars" of Community Method, Foreign & Security Policy, and Justice & Home Affairs and the framework for a single currency.
