Eduard Abashia, lecturer at the Department of Psychology at the Dnipro Institute of PJSC "IAPM", lawyer, psychologist at the Amur-Dnipro District Department of the State Institution "Probation Center" Branch in Dnipropetrovsk Region, provides the following information. The European Union was established by the Maastricht Treaty, which came into force on November 1, 1993.
The treaty was designed to strengthen European political and economic integration through the creation of a single currency (euro), a common foreign and security policy, common citizenship rights, and by deepening cooperation in immigration, asylum, and justice.
In 2012, the EU was awarded the Nobel Peace Prize in recognition of the organization's efforts to promote peace and democracy in Europe.