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can someone paraphrase this for me
the European Communities were well established by the mid-60’s and spurring the EC forward. However, the EC leaders felt the Communities could be further improved. Under the Merger Treaty, all three communities were fused into one, managed by the Single Commission, Council and Assembly. This was a significant step towards the EU as we know it.
As the EC grew, its leaders realised they needed to enhance the free movement of goods and services. This would help the EC create wealth and jobs. Consequently, they created the single market as stipulated in the Single European Act (SEA), undoubtedly one of the EU’s greatest achievements. The single market paved the way for more competition, better efficiency and lower prices.
The Treaty of Maastricht signed on 7th February 1992, established the European Union (EU) on the basis of three pillars: the European Communities, the Common Foreign and Security Policy (CFSP), and the Police and Judicial Cooperation in Criminal Matters (JHA). It introduced the concept of European citizenship, enhanced the powers of the European Parliament and launched the economic and monetary union (EMU).
The need for solutions to new problems led to the Treaty of Amsterdam, an amendment to previous treaties. The Member States felt the need to enforce the freedom of movement to boost the EU’s economy. Thus, the Treaty of Amsterdam included new provisions on the Schengen Agreement into the EU framework. At the time, Schengen was still an intergovernmental form of cooperation between 5 Member States.
The Treaty of Nice, signed in 2001, streamlined the institutional system in a bid to maintain efficiency in preparation for the fourth and largest enlargement of the EU; Malta was part of this enlargement.
After the 5th enlargement, the EU faced new bureaucratic challenges. As a result, the Lisbon Treaty—signed in 2007—simplified the working methods, voting rules and created a President of the European Council. In addition, the Treaty created the post of High Representative of the Union for Foreign Affairs and Security Policy. This strengthened the EU’s presence in the international sphere.