After 3 years of reflection, from ‘Wieser report’ to ‘independent feasibility study’, the European financial architecture for development will not be subject to revolutionary reform: this was agreed at the last meeting of the EU Finance Ministers (see EUROPE B12701A15, B12699A14) and is confirmed in a draft conclusion of the EU Council.
Seen by EUROPE, this 21 April draft makes coordination its watchword and the ‘Team Europe’ approach the recipe for increased efficiency,...