Treaty on the Functioning of the European Union (TFEU)

What is Treaty on the Functioning of the European Union (TFEU)?

Treaty on the Functioning of the European Union (TFEU) definition and meaning on Finance terms:
Following entry into force of the Treaty of Lisbon on 1 December 2009, the Treaty establishing the European Community was renamed the Treaty on the Functioning of the European Union (TFEU). This Treaty – referred to as the Treaty of Rome (signed in Rome on 25 March 1957) – entered into force on 1 January 1958 to establish the European Economic Community (EEC). The Treaty establishing the European Community was subsequently amended by the Treaty on European Union (often referred to as the Maastricht Treaty) which was signed on 7 February 1992 and entered into force on 1 November 1993, thereby establishing the EU. Thereafter, both the Treaty establishing the European Community and the Treaty on European Union were amended by the Treaty of Amsterdam, signed on 2 October 1997 and in force as of 1 May 1999, the Treaty of Nice, signed on 26 February 2001 and in force as of 1 February 2003, and then by the Treaty of Lisbon. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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