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Denmark, Ireland and the UK became full EC members in 1973, Greece joined in 1981, Portugal and Spain in 1986, Austria, Finland and Sweden in 1995. Maastricht and beyond. The Treaty on European Union, signed at Maastricht in 1991, formally established the European Union as the successor to the EC.
919,555 questions onWikianswers. The European Union was formally established when the Maastricht Treaty came into force on 1 November 1993, and in 1995 Austria, Sweden and Finland joined the newly established EU. In 2002, euro notes and coins replaced national currencies in 12 of the member states.