Article: EMU: MEMBER STATES DRAG FEET OVER RESOLUTION ON STABILITY PACT.(Brief Article)

The EU Member States are not in favour of confirming their commitment to abide by the Economic Growth and Stability Pact in a Resolution that would tighten up co-ordination of economic policies, diplomatic sources said on March 3. The Resolution, which could be adopted by the European Council on March 21, was tabled by the Commission in the context of the Communication adopted on November 27 last (see European Report 2732, same Section), which recommends flexible application of ...

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