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The idea of European or global integration began to become mainstream only in 1992, with the passing of the Maastricht Treaty, which was the first major push towards a formal European integration. In true spirit of French nationalism, only 51% of citizens who voted on this treaty voted to ratify it (Flood 57). From this rose extreme division between those who supported European integration and those who did not. The main reason for the ratification of this treaty is because with the signing of the treaty, a new, international currency was to be created by 2000. Those who opposed this treaty opposed the idea of an international economy, specifically international interest rates (Guyomarch, Machin and Ritchie 8)...
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